with west sea horse, it is out of 3d hands,they can do...

with west sea horse, it is out of 3d hands,they can do engineering studies until partner gets around to looking at it.

lot of drilling has occured in bass strait since 3d was listed.on prospects not as good.giving up sealion for a value drill to the farminee would create big wealth for seahorse if sealion worked.oil has gone up, but costs of offshore drilling have gone up more.unfortunately the window may have shut for farming out marginal gas prone prospects in 3d's area while 3d held out for top dollar.

3d has value now only on its oil story,noel blew the chance to aggressively create value by dealing the acreage he had--look at how much of other peoples money albers got to spend on dusters in bass strait,because he had dealing skills.