Very decent article in the AFR this morning. The prospect/leaking of this article appearing could have been at least partially responsible for the good increase in the SP yesterday. In particular the article referred to the planning for drilling these exploration wells including a wider bore hole with steel casing installed that can be used for production in due course. This was said by Ian Tchacos as saving up to USD100m against later development costs (seems a very high estimate).
regards
DF
afr article
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