JD there will be some costs associated with SE for the reserve review process and possibly drilling of SE4 in the eastern compartment if SE standalone development does go ahead. I just can't see them proceed with SE FID on one well. The processing plant will be covered by the 80mn Macca fund (which is contingent on FID).
Also unsure how much of the 2D seismic over Arrino/Kadathinni has been paid for, or even the OH 3D. Depending on payment terms, they may still be outstanding.
Do note that AGIG will hopefully have the interconnecting pipes between Parmelia to DBP available by year end which will enable STX to sell excess Walyering gas (currently 12TJ/d) into the DBP.
10mn for WE FID sounds a bit excessive?
Should probably set aside provision for OH2 contingent well towards end of 2024. 10mn should be close enough
618
JD there will be some costs associated with SE for the reserve...
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