Cr terms are.
Raise size 2m
Placement 3.3c plus 1:2 free listed bphob option.
Advent energy is in the advanced stages of securing a mobile offshore drilling unit for the proposed seablue-1 well.
Operations are planned to commence in the first half of 2024.
The federal government will be approving pep-11 based on financing organised for seablue-1 and the organisation to drill it.
Nsw can only ban upto 5.5km into sea, well will be 26km to sea.
As cr is to sophs I do not expect selling.
Game on!!!!
Ann: Trading Halt, page-44
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