Yeah i haven't read anything about a drilling cap, as the drill is well is over the initial spend, maybe santos asked to chip in. fair enough really good on albers to step up.
he has had this prospect for a long time and must have high hopes.
FWIW if they can prove 1 tcf i think woodside would look very closely at this and the other leads in the area, they already have the retention lease on wilcox 400bcf and then the other prospects below could be enough for pluto expansion.
for Woodside the cheapest growth is through expansion of Pluto rather then new projects. keep an eye on the 3D ships may see some in the area soon
Well a good day all round, hope the rest of the drill goes well! time for a celebratory scotch and watch the Aussies destroy England. GLTA
OXX Price at posting:
40.0¢ Sentiment: LT Buy Disclosure: Held
