I take it by NZ prospectus you are referring to the NZO option issue prospect? This say 'in the next year' as in within the next 12 months - but is contigent on a suitable rig and farmins.
AWE must be starting to get scratchy over it. Sounds like they are ready to go at the drop of a hat.
Do you know who the operator for the Chervil permits is? Is it Apache or Exxon-Mobile?
Cheers
Coaster