Santos drilling is quite different from CTP; this prospect is...

Santos drilling is quite different from CTP; this prospect is the result of years of studies, multiple rounds of seismic, survived several years of budget cuts; will be drilled by a capable rig by capable drilling team. The helium and hydrocarbons already established by offest wells. Santos won't drill anything that has not been extensively de-risked and they will get a result. I think the question will be how big, and deliverability. Doesn't take much helium to make a commercial project given 10-12 times value of hydrocarbons, and 3-5% in prior well tests compared to minute trace volumes being chased in Africa given the pending global helium shortage. This will be a big well for Santos - that is why it is in all the recent presentations. Huge for CTP (IMO)