The stated concerns are -
These reasons related to uncertainty raised regarding resource estimates and well deliverability, with corresponding development cost uncertainty.
I giving OXX management a thumbs up for pulling the retention lease application rather than having a negative ruling.
More expert studies ( possibly including your suggestion river), more documents and resubmit.....
Dunno how you mitigate development cost uncertainty - look at rig hire fees 3 years ago vs now....however maybe they point to Ophir and say look how much we saved here vs initial budget?
The stated concerns are - These reasons related to uncertainty...
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