RE: No RBL?8 Oct 2022 19:00
Although negative in tone, I do think kdoggs points are valid.
To counter, and to give Art the benefit, my guess is that dewaxing and managing flaring has been prioritised in the short term. Pushing further drilling back to January ain’t no great shakes if a JV materialises over coming weeks (Arts timeframe).
The fact is, these questions always arise when deadlines are missed. It sounds like an RBL is still the plan (writing isn’t on the wall, why would it be, We have the oil?), but the JV certainly does muddy the water but not necessarily in a bad way, maybe we will have our cake and eat come end of October…