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in a "more normal" world .......the market would price in 20-40%...

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    in a "more normal" world .......the market would price in 20-40% of the EMV of an exploration well in the lead up to drilling .........

    I "don't care" abt BEL-1, provided the sands below it come it ........the risks are velocity profile throu "something" charged sands above it (pull-up effect)......

    has anyone seen a date that the JV would make an election decision to exercise the options over the drillship ?

    rgds
    V_H
 
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