It looks like it’s possibly two fields or a small field, as the way it presents in the presentations. Looks like we lucked out here and have burnt 6m. Which in the scheme of things isn’t the worsted situation as it’s only 10%.
Our JV partner will probably fold so we could pick up the entire field at less.
Anyway interesting outcome, plenty to contemplate.
Ann: Petsec Announces Results of Main Pass 273 B-2 Well, page-9
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