nihilisn
A little research here: The 200M$ is for approx 100 wells,
ie each well costs approx 2M$. These wells could/will take 3 yrs to drill.
Most of the info in the announ was been in recent announs. Just a bit more updated.
The "big" news was that Northern Satr has commercial amounts of oil, so far. I think we need a few more wells before we can really put some 3P to this acreage. Then some 2P and 1P.
They have plans to drill 2 more wells (Northern Satr)this yr and 3 in total at Big Star.
Good announ yes - big or massive - not really.
nihilisnA little research here: The 200M$ is for approx 100...
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