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Aqua Could be several months before the new leases are finalised...

  1. 16,278 Posts.
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    Aqua

    Could be several months before the new leases are finalised (Petrosen said "later this year"). Hope we don't have to wait that long for confirmation on FAN-1 and details of SEN-1. Having already "leaked" via Petrosen and the Jubilee comparison you would think the JV would be able to at least confirm the nsize and likley commerciality soonish .. perhaps once all the logs, cores and samples are analysed? True it will take them a number of months to do the full assessment with 3D siemic correlations etc.

    One thing that encourages me a lot with regard to SEN-1 and the other prospects is that pre-drill there were direct HC indications and the source and seismic has now been "validated" in FAN-1.

    H
 
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