Half that cash is quarantined for Oz expenditure, but it still leaves $15mill + option conversion funds to go towards Block-9. We’ll be up for 30% of an appraisal/production well, 85% carry was for the 2 exploration wells, of which 1 is completed. We can certainly cover our end of the bargain with current capital IMO. On a $25mill well we’d run $7.5mill.
Ann: Preparations underway for start of Zapato-1 exploration well, page-367
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