I was thinking the same thing weeks ago. Surely these guys aren't this sloppy with a sensitive announcement re: Crux 2, unless they are deliberately trying to fend off serious interest in the bid for PEL AC/P41. If this is the case then they are very sneaky and the ploy paid off for the longer term. Some short term flack and share flogging in exchange for a very nice piece of Gas real estate for the future. I had a feeling that they may try to dampen demand for PEL AC/P41. The Crux 2 drill was to find the edges of the reserve area. The sidetrack will make it more useful in the overall program objectives.
Does anyone know how much the new gazettal at PEL AC/P41 cost the joint venture partners ?
Short term pain, long term gain.
a sands at crux2 st1, page-11
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