Let me provide you with some extra comments on your point 2. The 45:55 joint venture is already in place for additional drilling in EP 447 and prospective resources have already been identified at Badgingarra, etc to the north of Walyering. I expect that TPD will be pushing to drill that area within the next 2 years funded from our FCF, but STX won't have the financial capacity to do so because they will have to focus on their bigger commitments at WE and SE.
TPD Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held