RE: ....25 Sep 2017 17:00
PO valley retained some of the assets at the time of the IPO, as it was considered too big a raise too get away, I believe they have a 1tcf target still which we may be able to purchase on favourable terms.
The other possibility is SOU who are known to be looking for an exit from Italy, post duster at Badile, they also had another similar sized Badile target undrilled, again approx 1tcf given the close relationship which I've heard exists between JP and MM again this is a possibility.
I guess a bit of faith is required here, but we have an excellent ex AGIP guy on the ground, we had a interesting chat, when I visited SRON assets, all I'll say is this, 200bcf and below in the 70/80,s was considered non commercial at the time, records weren't kept, but this guy knows where they are. If SRON buy more acreage, you can bet there will be gas!