CNE: "and remaining currently committed drilling and seismic E&A expenditure 2016 is estimated at US$122m, predominantly in Senegal"
Ropoh: "Does this extrapolate out to include the three additional appraisal wells?"
Hi Ropoh
Answer lies in the phrase "currently committed drilling", and that's just the three well program. Not to panic though, original budget was $130m for the same so it sounds like not much has actually fallen due yet... but I don't really understand how they account these things or when drilling bills normally may be expected to fall due - you might be able to help there.
pj
pj
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