I think there is a lot of pumps coming this year.
The company will be keen to exercise options, just like FND (Check what happened when their options expired in Jan).
The urgency to get a study on PEL182 will be the catalyst as that exposes hundreds of millions in potential reserves.
Do not forget the huge extension to indo assets which will mean reserves will dramatically increase (Previously couldn't include a bunch of reserves due to limited lease life)
Risk to reward on options, I will be taking more so.
Woooo Hooooo Go Bass Oil :)$$$$$$, page-334
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