Hi,
Don't go by the costs of other operators. Focus on the costs which SSN is spending while drilling. It will pay to find out how much each of SOA1 , SPA2, Bluff cost to drill and test. From memory SOA2 was around 6 to 7 million.
Also interesting to note that everytime they drill, the 3-D data is reinterpreted and the prize is in the next drill. Didn't they say that they have learnt enough from SOA1 and 2 and bluff was the prize
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- Ann: Operational Advisory and Enercom Conference Advice
Ann: Operational Advisory and Enercom Conference Advice, page-21
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