Recultivation is an accepted industry term. Gives a more forceful idea of the scope than rehabilitation. Remediation is probably the most often used term.
Requirement in Austria is to render sites to their true status quo ante condition, not cheap in Europe. Might explain why they talk about CCS, H2 storage, geothermal, ... anything to try to avoid officially closing down the field.
Anyhow, seems that this is a news flow stock, not a long term value creation stock, so all good for now.
Is it just me, or has there been radio silence on their Romanian activity? Is it possible that their majority owning partner is thinking hard about how much more to fund? They were supposed to spud their IMIC-2 well in Q3. I realize that there is COVID and all, but not even an announcement about delayed timing ... I suppose they will say something with their Q4 update.
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