I have to say that the masterstroke has been the diversification from the high risk, unproven, unconventional CB to one with high quality conventional gas opportunities with clear see-through value. We generally derided this diversification, but are all applauding it now.
What it has done is take the pressure off delivering an outcome at Jaws just to stay alive, meaning they now have the luxury of time to take a conservative draw down approach. And this should deliver the best possible chance of a successful outcome....
Well done indeed!
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