They were under budget at last year's drilling program at Bayu undan as well, efficiency & safety matters does count.
D-3 will b flowtested so expect the SP to move later next month when they confirm what the original discovery well had intersected. Ideally, they should cut a full core over the main Caley reservoir section & then work out the best zones to flowtest. Dont know if there will b more then 1-2 test intervals. So the newsflow will start trickling into Sept. Hopefully by then there is some progress on the treaty, for Buffalo.
D3 flowrates will b the one to watch. It's been a while since the Exmouth discoveries to see an appraisal Oil well flowtested in the West. Fingers crossed for safe Ops.
STO & WPL qtrlies come out today.
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