RE: Tullow move drilling forward?24 Jan 2020 17:29
Strange operator we have! Next door Exxon have drilled three wells on what could be a very large accumulation (o.k. heavy oil) but if they sanction a development our operator will not be able to prove how much of Hammerhead lies in our block without a well. In any case it may be connected to another Tertiary prospect in our acreage. Surely they need an early well to appraise and digest any information before unitisation takes place which can be a long drawn out process. Leaving money in the ground is never a clever idea!