re: Ann: SPRIGG-1 Exploration Well and Forwar... Oil targets were preferred as they have the capacity to be brought to production much sooner (near term cash flow), I assume. Although, PGS does retain 20% of all discoveries in PEL 514.
More to the point, you'd think they'd given us another update on Sprigg-1 considering it was spudded 10 days ago. I just hope no news is good news...Anyway, it would have to be any day now...GLTA
Ann: SPRIGG-1 Exploration Well and Forward Progra, page-8
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