Yes that area is so rich in ancient Sub Seabed basin structures, it's also very hard rock which makes it perfect for a better sub natural sub seal when drilling.
The only thing is cost of platform and services to place and get the rigs up and running. Helicopters, and stuff steel capped boots hard hats.
Give me a more for sure situation like the Mahalo in north Queensland, what a basin. it's like an ant sitting in the middle of the board throwing a dart, good chance of success every time.
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