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a sands at crux2 st1, page-12

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    Hi Shazza

    Interesting theory about Nexus trying to divert attention away from the permit... but... I don't think that is it.

    Bids had to be in by 9th November 2006, so any companies interested would have had their applications in for it.

    I'd say it's simply a case of the SHELL/NEXUS JV, already processed Crucis 3D seismic and the ability to appraise within a likely sooner timeframe.

    In any case, back onto the Crux ST, they should be drilling at a rate of ~140ft/day, so they'll be through the zones by early next week.
 
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