Because they couldn’t complete Permit Year 4 work due to covid-19, and in the legislative framework that means that the permit can be cancelled. HOWEVER they have provisions given that covid-19 is a force majeure event, that they will suspend the work commitments and extend the permit and is being processed as we speak. This is a good thing as it rules out a potential cancellation due to not fulfilling work year 4 program commitments which also happens to be 3D seismic testing.
Ann: PEP 11 Drilling, page-21
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