Rawk, yes I think it was very smart to annex SC54 and keep the multiple shallow 2-20mbbl targets inhouse. The big fish are probably not too interested in these anyway. What I thought you and bilbo were referring to was a possible JV for these targets. I'm wondering how much it will cost to drill the 2 shallows in Q408 and if NDO/KIK would be thinking of bringing in another partner for these. With a 50% hit rate on targets in the shallows, odds are excellent that one of the holes will flow. And if they are going to drill holes in targets that were previously drilled and showed oil but were uneconomical to produce at the time (e.g. Signal Head) then odds are even better.
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