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1.43% 7.1¢ rpm automotive group limited

No...They will plug and abandon this one (possibly run liner and...

  1. p1000
    1,012 Posts.
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    13/06/11
    19:34
    Post #: 8532459
    No...

    They will plug and abandon this one (possibly run liner and suspend for a future test if the test looks to be worthehile).

    If a discovery Shell will look at the data and come back in a year to drill an appraisal well and test this one (Shell will be operator within 3 months I'd say).

    If it turns out to be oil and at least 200mm bbl it will be developed fairly quickly after appraisal drilling (FPSO and 4 or 5) subsea wells most likely.

    p1000
    KIK Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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