re: what the hell happened, more details MLG
Two reasons: 1) Its a committment well so they have to drill it possibly within a timeframe, and 2) If its successful they then have time to review all the data and schedule more drilling of identified targets at the end of the drilling program (even if its dry they will gather useful data that may lead to further drilling).
The other nice thing in Voelte's interview was that he is anticipating early development of Tiof with first oil mid 2006. I wouldn't be surprised to see some sort of contingency funding for Tiof development when the ANZ funding is finally announced.
H
HDR
hardman resources limited
