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Ann: Icon Energy Status Report on Eolus 1 , page-6

  1. 8,580 Posts.
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    i simply don't understand WHY Stanwell persists with their commitment to this 626 drilling program?

    why not put these funds towards drilling in a more prospective permit?

    for example, why not try and do a deal with ICN , such that those funds from 626 could be put towards drilling costs in ATP855? or some sort of deal there?

    or even one of the other ICN permits in Qld?

    but why persist in 626 which is obviously a dog.

    frankly, if I were Stanwell, I would be questioning the advice provided to Stanwell in the first place, and I would be questioning their ability as an Operator - then talking about some other option for their funds!

    somebody must be a very, very good talker!
 
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