Hi Gus, no one has seen the wording of the eeaa agreement yet but my guess is that it is conditional on 2 more wells being drilled sooner rather than later (ref: wording to be agreed statement many times from KH). This is where blvn has been outplayed as they clearly do not have the cash to do this. I only see Perenco as being a possible alternative here as this ticks all the boxes for them! I think it is clear that the government has been listening to New Age and that is why there was the court case, and from the governments point of view it is in their interests to have the field fully drilled up going forward especially with the potential of an lng scheme for the nation in the offing. Onwards and upwards mate.
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