I think he'll get a deal. At the very worst the government there would take us out, just to speed things up with an alternative operator. It's small potatoes to them, if they want to start a nationalised gas company. The question is one of price and those of us that have been here for many years are almost certain to be disappointed. Could C4 buy Sidi? Could we go again there?
Quite right, we missed the paleozoic at TE8 and then seem to have gone for TAGI targets ever since. We possible tickled it at TE10. I think it was a mistake to only have funds for 3 drills: it leaves us in a very weak position now. Time to double down and make some bold plays.
JP should get back to being a bold deal maker. Get a drill going at Sidi via farm -in, another 3 -5 wells (old and new prospects) in Tendrara, from a fund raise, and finish the job properly. Dusters hurt, but that's the game.
If we go out with a whimper, it will be far worse than rolling the dice again.