Simple fact is a large existing discovery landed in our laps. And we have large offshore potential for more discovery when we generate targets, and JV the opportunities.
But that existing discovery. !! there is a lot of hard work - water under the bridge -, risk taken by previous dollars in the ground, and risk paid off. - RISK OFF - The cost of discovery. !! and it just lands right into our booked value as a up and coming.
Market is still waking up to how many zeros this should have after it.
Woooooo Hoooooo go GLV :)$$&&&, page-84
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