Ann: Quarterly Activities and Cashflow Report, page-153

It is pointless as shareholders in a non operator saying that it makes sense to drill L3 ,L4 and L5 as soon as possible.
Hilcorp solely decides when those wells will be drilled.
They are a big company in a time of turmoil and opportunity in the industry .
Those wells will be drilled when they become the best use for Hilcorp's capital .
Who would know what issues or opportunities they are dealing with at the moment but they are probably much more material to them than Lightning.

I wonder if they drilled the last of the exploration wells in the program we withdrew from ?
One was by far the biggest pre drill target and probably had the biggest risked pre drill value too.

I of course would like to see the L3-5 drilled back to back too .
If they had to draw down more of the MB facility they would quickly pay it back.

The same applies to the M5 well , it will only get drilled when BYE decides it is the best well for them to drill.
As a non operator what we do is in the hands of others.

A non operator without a fit for purpose Warchest just has to sit and wait .