well costs

Opps I see my mistake total cost NZ Oil and Gas is for their share only $40-$46 million. I read that being total costs for the well.


Based on the significant additional work required to mitigate the mechanical difficulties and
drill the two sidetracks, costs have increased beyond the pre-drilling estimate, and the total
project cost to New Zealand Oil & Gas (including the costs of tie back) is currently expected
to be in the range of US$40-46 million. This estimate will be updated when more certainty
exists around subsea installation costs.