I love the outlook21 Sep 2018 10:03
Verbier appraisal well currently scheduled to be drilled in mid to late Q4 2018. - This is still on time despite speculations of delay.
West Phoenix commencement of Equinor's operated 4 well drill programme, which includes Verbier, is imminent. -
This should push the SP above 200 again and hopefully stay above that
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Company's share of costs relating to the P2170 licence area is estimated to be in the upper end of the £9-11m guidance range although only £7-8m of this is now expected to be incurred in 2018.
Lower cost means higher profit
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Delivery of a fast track processed 3D seismic dataset volume from the 2018 PGS survey, that overlays Verbier and Cortina, is scheduled for delivery in December 2018.
By December we will have a good idea about the size of the this.
Delivery of the final imaged data from the 3D seismic survey is expected in Q2 2019.