Yes, they need to get M2 finished and another exploration well done, I would still prefer a pearl and hopefully go 3 for 3 and add some oil to the mix. Their track record of busting out of the gates to drill a well after the wet isn’t great, but we are only 2 wells in, so little history to go off, but I assume they would need to be onto it when M2 concluded, either that, or renegotiate with SWF (or whatever it is now). I was hoping they would bring in something smaller to take over the testing from 202 once the 6 inch drilling was done, but nothing has been mentioned lately about this.
IVZ Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
