Ann: Cliff Head Oil Export - Second Oil Delivery Revenue Received, page-38

Hey @oliey456,

Alexi's point was that there is information about 3D seismic in the market that has not been disclosed to the general market. I thought the same thing.

The 17th of January release said

"Triangle has recently received the final Pre-Stack Depth
Migrated seismic data. Interpretation is ongoing and Triangle expects to provide further data on the
prospectivity by the end of February."

I assumed from this that NZO/TPD would have had access to interpret this data and based their decision on this. If the early interpretation is positive enough to be the basis of both farm ins then that information should be announced to the market?

I understand your point about the entire assessment process needs to be allowed to run its course before any restatement of resources is made. My question is what would the Pre stack depth migrated seismic show? Would it be open to interpretation by TEG/NZO/TPD?

This would not be an issue if TEG had not farmed out. TEG could process and then release 3D in its own time.