re: Ann: PCL: Completion of 3D Seismic Acquis... Nice to have the 3D finished. Looks like this survey is just the beginning in L6 with many more targets on the block outside survey area. The onshore ones will be much cheaper to drill if needed - good fall back option.
Given the time line to pick up a JV partner, locate drill target and book in a rig this line of the release seems to indicate CN is a late stages of finalising a JV deal.
"FAR will be drilling their first well in mid 2013 on Block L6"
IMO these things don't happen overnight - thoughts welcome.
Cheers
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