FYI
From STX ann:
The joint venture is required to reprocess 92 km of 2D seismic and to acquire 9.5km of 2D seismic and 81km2 of 3D seismic within the first three permit years
Could be upto 3 years away from an exploration well depending on the 3D seismic.
Just have to look at WA-360P of MEO.
Permit issued 2007, 3D data completed 2009, Farmout to Petrolbas and one exploration well drilled in 2010. Plugged and abandoned Nov 2010.
DYOR
FYIFrom STX ann:The joint venture is required to reprocess 92 km...
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