Mike said the menzel horr is a very good prospect. Would cost about $5 million to drill. They could go it alone but it is more then likely they will farm out some of the risk. The only reason the bargou was not farmed out was due to the financial crisis and the interested parties were cutting exploration budgets. I'm glad we still have 100% to be honest. The value of the block will escalate if we have success at fuschia so it would be like a triple jackpot. We can continue to add value with the seismic findings etc in the meantime.
I am looking forward to the next 12 months. Its Tunisia or bust for me cause I am ALL IN!!!!
interesting article., page-6
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