According to this extract from CUE's Annual Report yesterday at page 17 Apache's drill decision is expected next year so we may have to wait a little longer:-
"Apache completed acquisition of the new 3D seismic called the Zeebries 3D in May, 2011 and is expected to make drilling decisions in 2012"
There is no comment on the timing of Apache's drill decision in MOG's Annual Report released to the market on the 28th.
ANZ
MOG Price at posting:
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