Just a reminder to Drillsearch shareholders. In view of yesterday's SXY deal selling up to 50 TJ per day of gas to GLNG, Drillsearch can sell up to 70 TJ per day to Santos from PEL513/PEL106a. Production to begin by end of 2015. Santos paying for the cost up to $120m. Also, there will be condensates and that will probably half of the revenue from the wet gas of PEL513/PEL106A (60% STO, 40% DLS).
Just a reminder to Drillsearch shareholders. In view of...
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