RE: BOIL5 Feb 2024 11:59
They already are filthy Baron Oil and Gas front and centre of those talks 😂
Would be nice to think so, our only requirement remains, TL to open the region back up, YES to other options like ours, or another home , who cares if its Darwin or the Island , as long as , it's made clear a HOME for the gas will be in play, being built not talked about.
That is what drove the Majors and Tier1's away, doubt , refusal and no home in sight (2001-conts)
Eni part of the Italian UN / peace keepers until independence , stayed, drained their oil asset, got into Bayu, but in all this time have DEVELOPED nothing else, due to the same uncertainty, Santos also stayed as part of Bayu, likewise developed nothing else, the pair who have their own JV with the Koreans, cherry picked Area R Wider Bayu area and Area P, the link block between Sunrise and Chuditch, while the 2 1/2 year bid round was a mega disaster, only 9 bids on 7 of 18 licenses.
Positioned themselves for Glory, when that day comes and it will, they have pushed themselves into a corner, they broke it only they can fix it, to bring back those Major/Tier1's they have openly said crave, do not want more minnows like us, Advance , Carnarthen , need real pockets , to fast track multiple wells , not one here, one sometime whenever.
Shell/Conoco/Woodside plan for Sunrise was 26 - 28 wellheads FFD.
We will be bought out, when confirmed production paths available , be that before, or after the CH2 drill.