doodle, if you have a large, shallow prospect / seismic anomaly and you can pin-point it with 1 old line of good quality 2D seismic, do you really need any more seismic?
With oil @ $90/BBL. all you do is grab a mineral rig and start drilling!!
30MMBLS @ $50/BBL = $1.5B
50MMBLS @ $60/BBL = $3B
100MMLBS @ $70/BBL = $7B
.. BTW, I'm just day dreaming about Backreef-1 prospect .. or should that be Onlap-1 "Mini-Me SB" (StokesBay look alike?)
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doodle, if you have a large, shallow prospect / seismic anomaly...
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