It can’t get any worse. And, while this stinks I still believe AP and team are going as hard as they can, albeit under resourced, to make MAY a winner. Never forget AP is the biggest holder. We have seen the darkest day surely.
Expecting off take agreement mid to end July and two more wells starting in a further one or two months, work over of A2 and production in July, and acid/frac of Marti and alameda by September October too.
If we get this sorted we could still be living the dream in 2024 and 3.5c is a bargain. I’d be happy with a TO offer for 1B in 2024. The development risk for me in Cuba is too great
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- Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir)
Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-444
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