Am happy enough with this news. However, the next thing we need to see from here is progress with farm-in to their other blocks so that the company can start to look beyond Athena.
I'm no O&G expert, so I'm curious as to why they couldn't get a farm-in for Metis. On paper, it looks to be a larger prospect than their newer blocks, so I would like to understand better what factors are at play that might make the new blocks a better (or worse!) chance for drill.
Does having more security of cash flow as a partner improve their attractiveness when seeking a farm-in?
It would be great if they could become the next Ithaca Energy, but I guess they'd have to transition to operator for that to occur - a tricky step!
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Am happy enough with this news. However, the next thing we need...
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