The next well appears to be Galilee in the Candra Block near Acrasia-jv partner is Beach. The rig is the same one INP just used. To get some sort of feel for the timing, Santos now has the rig on a Reg Sprigg structure and when released goes to Galilee. Follow any STO announcement ,unless STU says something in the meantime, as to when drilling could commence. Reg Sprigg is only a few kms from Galilee. How no feel for the size of Galilee but would suggest it is probably on the small size-around 1mmbls-given the lack of commentary about it to date.
STU Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
