RE: Georgia News Channel19 Jul 2022 10:20
"Project II, the infill development of the Middle Eocene oil reservoir in the prolific Patardzeuli oil field (100 MMbbls produced) in Block XIB will be self-funded from the cash generated from operations and will commence shortly. More than 50 sidetrack holes could be drilled from the legacy well stock, six of which have already been defined for sidetracking"
Maybe they mean cash generated from the upcoming wells , however they can't be starting 'shortly' if that was the case. I believe it means from current production and cash.