Sunset Date Established and Bearish Summary, page-169

yeah, i think the $65m number for that one is a fair assessment and I do agree it's hard to tell how they have apportioned cost.
(I thought I saw somewhere they actually bought a part of a rig in the area.)

Probably don't agree with the $65m - $95m range using it as a low point though. If you went with a $55m to $75m range, i'd probably be more supportive if that.

In regards to funding, it might be funded in 2 parts. The gas 2,000m and the 1,000m for CCS (roughly)

So $40m for Gas and $20m for CCS component and the CCS component may include a government grant of some description. (they could claim up to $25m? in the latest, which DB has confirmed they have applied for)

If they approved the exploration, you probably think they provide grant money as it will be one of the first CCS drill spots.

Interesting to see how the funding would work and if we went to the effort of getting multiple case studies to create a data set. But wayyyy to much effort at this stage