And GALP would be scouting for major partner to reduce its exposure to PEL 83 and get some of its US$150 million back off the Mopane light oil discovery drilling costs!
And I suspect Custos would be prowling the crowd for potential buyers of its interest in PEL 83/PEL 87/PEL 90 down the road after the respective permits have their first exploration well done, hopefully discoveries.
All very interesting and ensures continuing focus on the continuing drilling activity and results in the offshore Orange Basin, which can't be bad for PCL.
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