Ann: Barikewa 2D Seismic Survey Commences in PNG , page-9

re: Ann: Barikewa 2D Seismic Survey Commences... I would love them to sell some of their 2p reserves and drill Caterina with 100% WI.
Obviously that is just a little risky - BUT 4Tcf 2P equates to $4billion for every $1per mcf
ie - real money

I am 50/50 with this... I would prefer going with a seasoned partner (Chevron or Woodside) if possible to leverage their experience in the development and production, their existing infrastructure in the area and their ability to get it up and running and producing in quicker time..

I would hate to see us farm out though to someone like MEO though, I would much prefer us going it alone rather than that scenario...