I agree about MU doing a good job.
Perhaps we should sell GC21 too, in exchange for Talos shares.
If the MP sand is a dud, that leaves 70% of 1P reserves in the DTR-10 sand,.
1P oil reserves for GC21 stood at 744mbbls net to Otto.
70% in the DTR-10 sand would be 520mbbls net to Otto.
Probably worth around USD10m (USD20/brl) at the moment, given the rate at which the DTR-10 will flow is yet to be proven.
Alternatively, we spend another USD5-10m in remedial/recompletion work and pray that it works.
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