G'day Katok. Yes, the drilling factor must also be considered....

G'day Katok. Yes, the drilling factor must also be considered. Knowing RJ's conservatism, he probably will wait until March, the supposed end of the "wet season" before he spends any money on Lydia, eventhough it is Stanwell's money.
That brings 218 and 855 with BPT to a higher priority and I reckon that RJ will be working with BPT to get 855 going ASAP. The second well in 218 has now started and probably have to see that completed before 855 starts, unless they can get an alternative drill rig which are apparently tight. Will also be waiting for results of first 218 well. So, BPT is a very important factor in ICN's future.
MOU with China, j/v with BPT, 218, 855 in CB, drilling commencing in Lydia and other 626.
LOTS on the horizon for a 19.5 cent share I would have thought.

P.S. EGO and NWE just to give me another aspect into O & G and Shale on other side of country for diversity. Looking for a "trifecta" and some "fun" for an old bloke.