Ann: Strategic Interest in Drill Ready Multi TCF Sasanof Prospect, page-88

Just been doing a little researching on who else has the Sasanof prospect in their permits. WA-538-P is the only other permit to include Sassnof with a not insignificant 43%. WA-538-P ( granted 2019 exp 2025) is owned by Kuwait Petroleum Corps subsidiary KUFPEC.  Their last report indicates they're reprocessing seismic. Does have me wondering of the positives and negatives of having a very $ubstantial sized neighbour and 43% stake should it all come off.  


GLV stands to earn 25% ( 1.03TCF P50) stake in Western gas 57% stake in the entire prospect.
GLV 25% of the below.



PS. Forgot to update my position last post. picked up some options last week with a view for more as the story develops.