RE: 13.2 MM rainfall1 Dec 2020 09:55
Yes bigones, a pretty ridiculous situation from my point of view.
Some oil companies got departments called "joint venture influencing". The guys in such departments oversee the non operated assets where in most cases the other partner and operator is the dominant share holder. So, how do this guys earn their salaries: this guys check the costs, the production numbers, the revenues, the work programs ... the operator is presenting them. If this guys discover a mistake or think they know it better than the operator, they ask to clarify or suggest technical better options and solutions. If you have a rational thinking and acting operator, who takes advantage from this win win situation, you end up with an optimised, better solution.
The announcement from Fog suggests that Fog swallowed ORGs suggestions for the next steps.
Id est accepting some risks that the well could be damaged after 5 months,
Id est Fog does not care to lose 5 months and more for the 60 days production test, as somebody explained here already. And Fog does not care that we shareholder lose another half year or perhaps even a year when you take the duration of the production test plus interpretation of the generated data and surprisingly the rain season 2021 into account.
I expect from Fog in Ireland that they contact Org and start a discussion about this topic. POQ is known for his negotiation skills? Here is a chance to prove it.