re: Ann: OEL: Galoc Phase II Drilling Update ... well it would be great if they could develop Linipacan, but those figures represent a very big task.
I am sure if a larger player (like KUFPEC for example, who have a history of farming into discoveries that need developing) wanted in on this in exchange for spending a larger share of the capex in return for some equity, then that would be seriously considered.
That would ease the burden for the remaining players. I still think that is a very large amount of development money for smaller players to find.
Good discussion. It is great to flesh this sort of info out between ourselves.
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