Agree that gas will be far off but will be interesting to see if Woodside has more to say on this at a later stage. Certainly Ted Ellyard had previously beat the drums on the Banda gas. In any case, market hasn't priced in any gas.
apart from the 4 tie-ins to Chinguetti. there also looks to be a couple around Tiof, all in Miocene canyon systems, which the partners must be over the moon about.
My take is that if Poune is a dud, then going forward they will only drill in the Miocene sands.
HDR Price at posting:
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