sc55, page-6

I don't mind waiting for the outcome of Galoc II and to see the money flowing in, before SC55 is possibly drilled. The initial cashflow while recovering the capex portion of the drilling costs will be very large in the first 9 months or so before it will have to commence paying royalties.

If (and it is a big IF) SC55 was drilled and made a big discovery, then the more cash and cashflow that OEL has on hand and available at the time, then the less dilution to shareholders to raise money for the development of such a discovery and also the more likely it could partially finance such development costs. That would be more upside for us.