I have to admitt, I don't know this co in great detail, but from what I gather the first well, Willaroo-1, has a much better chance to hit something than the second well, Nyngynderry-1, which has a very small chance of success?
also where Barry says
"Nyngynderry-1 will be the first comprehensive test of a valid hydrocarbon prospect in the Darling Basin of northwestern NSW. A higher capacity rig will be used to drill this well in PEL 8."
Does that mean a new rig needs to be located for the 2nd well, or has this already been secured with Ensign?
Marksman your thoughts would be appreciated.
cheers
R
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