Considering the high price of oil and having 72% stake in the Fausse Point project, there is still no decision whether to sidetrack or drill a well.
As pointed out by miki29, there is a conflict of information where our company stated on 25/3/11 "Initial preliminary review shows a sizeable target. It is anticipated that this prospect development will be completed before mid year."
On the 7/4/11, GGP stated "preparing to drill/sidetrack in the second/third quarter."
Is GGP causing the problems with the Fausse Point project going ahead.
I think clarification is required.
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