AP has mentioned concerns as to the effect “if we can hang on to it” in interviews going back years suggesting that there was always the potential for block 9 development financing to move beyond the current partnership with Sonangol.
It’s good that remediation of the existing unit 1b and two further wells is funded without outside help as you point out.
Only in the last sentence of the release is there mention of new partners or credit providers for the phased development of the block. Hopefully Melbana will be exporting oil from the initial upper sheet wells and consolidating its finances to help protect its share in future farm in negotiations to fund the full development.
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