I think both Cupet and Sonangol would quite happily have chosen to pursue an appraisal versus a wildgoose. Intelligent humans are capable of changing plans, and quickly. Are you familiar with AP's justification? I suspect not. The rig was on the pad, so you are saying decamping , moving and then recamping to the same spot costing 1 month is better than changing plans. in any event the outcome speaks for itself. 16 months later we are back for groundhog day 2. Thats clever, aint it.
MAY Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
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