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
SSN Price at posting:
1.4¢ Sentiment: None Disclosure: Held