CH-1 Site Preparation Has Begun; And That Matters6 Feb 2026 16:53
The commencement of site preparation and access works for CH-1 (civil works commencing in January as confirmed by RNS and signs of works at the CH1 site now visible on satellite as discovered by Watchouse) tells us something very important: the well location is finalised, the subsurface plan is locked, and the drilling sequence has moved from planning into delivery. Operators do not begin well-specific civil works unless there is a defined drilling pathway ahead of them. Pad preparation and access reinforcement sit directly on the critical path to spud. They are capital commitments, not gestures.
No credible operator commits time, contractors and capital to preparing a drill site without the clear intention of drilling in the near future. Pads deteriorate, access roads degrade, weather windows shift and costs escalate if timing is not aligned. Site preparation is sequenced activity, not speculative positioning. It only begins when downstream steps are sufficiently secured.
And let’s be clear about what CH-1 represents. This is not a speculative wildcat drilled into the unknown. It is a step-out on an existing discovery, tied to a funded pipeline currently under construction, embedded within a government-backed development plan, and fully carried for Aminex. That context matters.
Once site preparation begins, the project clock shifts from debate to operational sequencing. Civil works lead to pad construction. Pad construction leads to rig mobilisation. Rig mobilisation leads to spud. The order is deliberate.
We are no longer in the realm of “if.” We are firmly in the realm of “when.”
Project execution has begun. :-)
Many more operational updates will be with us over the coming weeks and months. Now that the project is in motion, just sit back and enjoy the ride.
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