It is always good for a company to diversify the risks by having a portfolio of opportunities.
For those who are strong believers, I'd take it as an encouraging sign that Galilee are still investing in Glenaras, as well as the new block.
They do not seem to be behaving like Strike Energy who have given up on their coal bed methane project in south australia (mainly because it seems to have been a total money pit and technical failure).
Ann: Kumbarilla Drilling Update, page-7
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