"No different to when the OG back in 2010 was used to drill one on the South side for Fogl," - The situation is VERY different to 2010. Oil was at $120, finding more would give a solid backing for placings for more funds. We dont need more Oil now, we just need SL sorted. They could bring out a new CPR and double the size of SL and this still wouldn't move much
I think RHEA would be very low on the list, like 10 years away and maybe never. Unless 2 rigs were sent, which would be awesome, but I think we would be lucky to get 1.
cyan2 - I don't see the 12 month extension as a huge vote of confidence. There may not be many interested in the current set up PMO, RKH and the rather patch work finance plan. If the licence goes back to FIG, then there may be more interest since the corpses have been removed form the equation.
Cant see Bentley ever coming online, diesel now a swear word.
Ausole - Thats the problem, none of us know. Not changing the goal posts, this needs SL funding or curtains, like I said simple concept. Could have, should have etc etc, Ausole thats hindsight nonsense
Ausole - In the absence of funding for SL, this will be 0p as the BOD suck up the remaining cash. SL will not have value since the Licence will be gone, the extension was small which indicates FIG losing patience. Simple concepts are too much for your little pea brain old boy