Can't see this field being developed without a serious increase in POO.
COP and CRN already know it is commercial, otherwise why would they continue to throw serious money at it in this climate. What counts is how commercial, as that will drive this through to production ! IMO
Good to do as much proving up in this climate as possible as that is sound economics, but moving on towards production is another matter entirely !
No need for FAR to contemplate finding the finance for development, by that time they will have been be bought or squeezed out!
Development costs are for the big end of town, no room at the table for minnows. IMHO.
FAR v OP, page-8
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