time table for pel570

time table for PEL570.

i found the above in recent presentation.

as i mentioned yesterday "they have plenty of work before they drill a well in the above".

1) seismic work, i'm assuming 2D & 3D.

2) then get the above analyzed.

3) i think you can also put in the time table JV negotiations. one would hope they can get some one like Santos. Santos 60%/AQO 40%..??? with Santos paying for the first 2 wells..and reimbursement of any prior costs..

it will be BIG bonus if they can get Santos onboard.

that's my guesstimate.

4) first well in the above could go out to 4thQ 2013+.

....