Onesmallbird, This was ALWAYS going to be P&A. Its an exploration licence NOT a production licence that the JV has. You cant just stick a hose down there and let 'er rip!
P&A (as stated today) does not mean its a dud as many seem to think! Its just part of the process.
I wont say relax as I cant, but I do hope Santa is kind to all we PEP holders. And special thanks to Bruce960 from Nelson Bay for going to great lengths to keep us informed/entertained. Good Luck.
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