Just read your post Billy after having posted about the previous one.
I think you will find that the commitment for the rig was made well before the seismic dats was available. However, I endorse much of what you say and quality acreage takes some finding. If the seismic does turn out to be exciting with good leads and prospects extending from the ENI acreage, Oilex could be onto a real winner. ENI is odds on favourite to be pulling out the cash in my view but with a retained interest of the Indian partners.
All the best, Jimmy
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