Talitha-Alaska, page-378

Yes, more work is required to assure us owners that Otto are fully funded across the board without the need for a CR. That could be weighing on the sp despite todays good news about Talitha

To be fair to MU, he cant say much about GC21 remedial costs until the jv receives/approves the AFE from Talos, and that will take a while as I guess they're still planning on what actions to take.
Then booking a slot on a deepwater rig, hopefully already operating in the area to reduce mob costs, could add some time. I'm not expecting much to happen on that front until June qtr.

Tranche A2 was due to expire end of Dec so some news on that front cant be far away. Are/have they negotiated to extend it, or looking elsewhere, or wot ?
They'll have to show it in the Dec quarterly report later this month, if not before.

Then there's a potential Green#3 at Lightning, and F5 at SM71. While these development wells could be funded from Tranche A2 (if still available), they're not guaranteed success, and we know what happens then...

Look fwd to any answers you get.