ENX's 2017 Annual Report (AR) has been lodged today. It contains the following comments re Cornea: "Reflecting the changed oil price environment, new development concept screening was undertaken during the year with the objective of identifying a field development concept with the potential to be commercial at current oil prices (US$50/Bbl). Following this screening, a field development concept predicated on the use of a Mobile Offshore Production Unit (MOPU) with a subsea tank and single point mooring has been selected for further investigation. This concept is significantly different to earlier concepts with significant cost reduction implications. Integrated reservoir modelling and facilities work has been commenced to support design of a production test well capable of delivering threshold productivity using this development concept." Further info within, suggests that test well won't be for a couple of years.
OXX's 2017 AR should be later today.