This is the cost/benefit question for Petro. Get in now before Pilot Well, higher risk. Or wait until Pilot Well results and pay a higher entry cost if successful. As I have said previously, the expiry date of the MoU didn't make a lot of sense if they were always intending to wait for the Pilot Well results. JMO.
Ann: TMK: Drilling Rig Secured for Pilot Well Program, page-18
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