You can look at it this way : FDR - Kanga1 - 36% COS CVN - Parvo...

You can look at it this way :

FDR - Kanga1 - 36% COS
CVN - Parvo 1 - 35%. COS
CVN - Apex1 - 25% COS

FDR have choose to acquire and be involved in the upper range across their portfolio to enable growth for SH



As also posted before Fugro hold 15% of this project and they have 3D surveyed the area over many years and have been involved in many successful drills in this basin and around the world

Like FDR - Fugro have seen something at Kanga 1 they like

We will know shortly if they are on the money !!

GL