I see lots of different theories are being banded about with T/O and the deep black NUR, and why they would employ a renowned specialist in to devise a strategic / cost specific plan with tackling the golden nugget.
My thoughts, for what its worth; whether there is a T/O or farm-in partner or bank loan, the detailed package that Halliburton will be able to evidence for any new investor will highlight how the deep should be tackled and best managed.
For any oil major that completes these 'big elephants' they still use these specialised experts to manage the risk and optimise their best chances at hitting the black stuff.
If you were looking to swoop in and T/O or if we're looking to farm out then what better selling tool would it be to best evidence what we have / how it can be achieved, and to have a rubber stamped endorsement from a world leader in this field?
It's fair to say Max cocked it up royally, but credit where its due they've gone from fumbling in the dark to having a light now show them the way.
I say its good and its promising, and buys at this price are a cracking entry level.
Perhaps the best outcome for all the poor sinners on here, myself included. Compulsary removal of our holdings, sparing us any future grief and thus allowing us all to move on involuntarily. Out of our hands.
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