I read the quarterly. I was pretty happy with the operation side of things. Steady progress across the board and pretty transparent disclosure for good and bad items
The takeover paragraph seems pretty much the same as last time which is disappointing but there is a reason for that. The offer is confidential. They don't want to risk jeopardising it by breaching this. They have likely signed a confidentiality deed as well.
I think they are just going over/ negotiating some conditions and confirming figures on wells / exploration.
This is not advice
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