Ann: L7 and EP 437 Drilling Progress, page-46

Spot on @Mondo1960, NWE was only ever going to MIN. Same with TPD, their setup with STX meant they were only going to Strike.

Any play for TEG will be similar to WGO. No-one had control of WGO and it attracted bids from STX, Beach, Min and Hancock. Any action on TEG will be open to multiple bidders wanting to lock in one of the last open PB assets.

Also worth considering what the farm in partners are currently thinking? STX haven't said much about L7/E37 yet but must be watching closely. NZO is a dark horse also. They have the backing of the private billion dollar Ofer Global, are now in receipt of a steady income stream from their investment in CUE and just bought another chunk of Amadeus producing assets with Horizon. They are quietly building their position in Australia.