Hey all
Say we have enough cash to drill 1 or 2 more appraisal wells at SNE, one South and one west for instance as suggested by a few ppl on here
Providing these are successful and we have Announced SNE commercial
Can we not book reserves and then set up a loan facility (I'm sure our management have some great connections to do so) to develop the field? Leave it in the operators hands, reap the benefits.
Do a small CR for company costs and move on to farming out and drilling of exploration wells at our adjoining block ?
Just abit of food for thought
As said before I'm very in experienced in the industry so feel free to criticise correct me ect
Good luck team
Todays trading, page-2
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