Beehive - Time to start getting excited?, page-31

If Drill / drop date is 6 weeks away, decision will now be clear by the partners.
They can choose when to advise Melbana and they have until the agreed legal date, however internally the way the mechanics of exploration planning works with majors and massive independent operators, they will IMO have done the required DD to base their decisions on drill or drop Beehive,
Reservoir and subsurface will make the call on risk vs success reward, ( likely already have) it will then go into the capex discussions , these things are planned a year out.
My opinion only based on 34 years of Major and super Major E & P career experience.