I was surprised by the very short maturity on that one. My gut feel is a larger overall debt package for field development that incorporates rolling out that short term facility.. The last presso stated that they'd applied for a production license. Next news would have to be the finalisation of wireline results, given what was announced was preliminary. Then maybe pipeline/completion updates? Following that maybe production license? Seems like Odin reserve certification was paused, so not expecting to see that.
Ann: MEL Investor Presentation June 2024, page-20
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