RC did talk about the CVN's. I thought initially that they'd be worthless because MQG would sit on their hands and not drill till four years is up. But RC said Santos JV has to drill 2 wells by 2020 to retain leases.
So there should be a well in 2018 and another in 2019.
He also mentioned Ooraminna - said its a retention lease - there is definitely gas there. The CVN's are worth 15 cents/PJ. RC said MQG wouldn't delay for such a small amount.
RC did talk about the CVN's. I thought initially that they'd be...
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