A fairly light... update.
Yes, I am happy about the farmout being concluded this year, but... I just wonder, will they be looking to do 3D seismic before drilling, or.. concurrently, or.....
A shame they are so tight lipped about the production rates for Ungani, I was hoping it would be a bit higher considering the extra section at Ugani Far West now online.
Guesses regarding the farmout?
3 exploration wells.
All close to Ungani (there will likely be wells on Ungani, but... they don't count).
Partial funding of further 3D seismic closer to Broome.
Back to my cave!
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