Fwiw I have zero faith in SM doing anything other than spp.
I also think it will be for 2 wells so likely 30 million.
Reason I say this is I can't see them not drilling Mk 2 after Bb 1.
Bb 1 requires a well b4 mid 2024 from memory for us to keep the lease.
Ann: Invictus Energy Quarterly Report & Cashflow, page-41
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