RE: Presentation Audio6 Dec 2019 11:14
You have to understand the history of the HRZ venture, it's founder (PB) and the relationship that 88E & Bex had, in late 2014 ~8000 acres only , no modern 3D just a big vision based on historic 2D and PB's analysis. Conventional was recognised but at that time a secondary target for the jv.
By 2017 we had a conventional programme in place and the land acreage in place needed to exploit. That did not happen by accident. I am sure DW appreciated the risks of the HRZ programme probably from very early on, just look at Great Bear's change from unconventional to conventional.
Look at when AEA sponsored 2D & SAE 3D dates which where both necessary to the conventional programme.