source: extract from Release Date: 03/09/15 09:27Summary: MEO executes Cuba Block 9 PSC, https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTkUD4ga%2Bpm2Dr5lJ2%2Fk%3D (15925992).
From the above extract: "The exploration period of the Block 9 PSC is split into four sub-periods totalling eight and a half years with withdrawal options at the end of each sub-period." Possibly 26 years left of the "exploration period", I would argue it includes any period for production as well since it is a "production sharing contract". Once expired they would hand ownership back over to the Cuban Government as Sherritt had done for their expired PSCs e.g "Sherritt’s commercial PSCs expired during 2021 and it currently has an interest in three PSCs, each in the exploration phase" https://s2.q4cdn.com/343762060/files/doc_financials/2022/q4/YE-2022-Report.pdf and "In November 2017 the PSC for Block II (Varadero West) reverted to the Cuban Government. The PSC for the PE-Yumuri Block reverted to the Cuban Government on March 19, 2021." https://s2.q4cdn.com/343762060/files/doc_financials/2022/q4/YE-2022-Report.pdf
