I think Nation Petroleum's share of the costs was capped TTM,...

I think Nation Petroleum's share of the costs was capped TTM, cannot remember the figure but it will be in company announcements somewhere, so the time over-run is costing COE itself big time.
I would not expect much more upward movement in the COE share price until they are well into Gurame, say 8 weeks away, and the possibilty that within that 8 weeks there will be another massive hit from the bl**dy US, is a very real risk. It makes sense imo to sit on the sidelines from here because there are plenty of other companies which will trade sideways and downwards, so why stick with COE.
MS in his BRR interview even put out the notion of where the company would go if Gurame was non-commercial, so that drilling program should not be looked on as a no-brainer either.
I think the risk reward ration in the short term has shifted significantly with todays announcement.