I was just looking at the headlines in the Dec 2011 quarterly and it says "Completed acquisition of 708 km2 Ibu Horst 3D seismic survey in Seruway PSC"
This was completed way back then and is yet to be fully interpreted. Surely it doesn't take 12 months to interpret, if this interpretation had of taken half the time they might have finalised the farmout by now and be in a much more secure position.
quarterly reports, page-2
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