NTL already has a measured reserve at Talisman.
Here's a bit of a company summary I wrote a few weeks ago. Talisman doesn't need drilling, they are developing to begin their bulk sampling project now. http://hotcopper.com.au/threads/ntl...bagger.2760179/?post_id=17641588#.VzVHVr4zeUk
This post in particular covers why LNY/NCM might be drilling near Rahu: http://hotcopper.com.au/threads/lny...oromandel.2762018/?get_post=true#.VzVHxr4zeUk
And you may be aware that NCM got Rahu, over which an extended Heads of Agreement with NTL and NCM exists: http://hotcopper.com.au/threads/ncm...or-ntl.2764349/?post_id=17688738#.VzVIAL4zeUk
Drilling at Rahu should be good times, but I think progress at Talisman may provide some really good upside in terms of company value.
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