I'll add to that brett. The Cerberus blocks have potentially recoverable prospective resources of around 718 mmbo over 9 identified fields. Honeybadger (Triassic) and Belfon (Permian) in EP-491 account for 144mmbo and 40mmbo respectively and Kess in EP-475 with 50 mmbo. are I believe drill ready and awaiting farm in interest. I recall previous CVN commentary to the effect that they were believed to have been derisked somewhat by the discoveries at PS and Roc1. Cerberus seemed to have gone off the radar since Buffalo and Labyrinth were identified but perhaps, with the Dorado discovery, there may be a case for revisiting them. Or maybe, the Dorado discovery will excite some definitive farm in interest for a 2019 Cerberus drilling programme. Cheers.
CVN Price at posting:
26.3¢ Sentiment: None Disclosure: Held
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