'Getitrt2' pid='15249' datel Wrote:tree, I'm pretty sure there is nothing waiting for the next GLJ report; do you have any solid information that is the case?
Hey Getit, I'm just thinkng GLJ#s may be avantageous to bidders and their BOD's. Just going by Phil's comments in the 3Q CC.
Nothing more from philstar.com than Phil's quote:
"We are currently drilling and closing in on the top of the reef of Antelope-3. This will provide further gas coverage and knowledge to the LNG sell-down process and the LNG bidders. In addition, our new drilling rig, Rig 3, has rigged up, or has been rigging up on location Elk-3, which is our last commitment well for PRL 15 for the Elk and Antelope structures. These two wells are designed to provide data on reservoir continuity, aid in shifting resources from 3C, 2C, 2C to 1, and enhance the overall LNG program by adding data and knowledge coverage for our subservice model.
These wells will also allow GLJ to update the 8.59 ECS-certified resource number for 2C and provide that data for other bidders. It will also provide a new milestone for our ability to seek a shift from resources to book reserves after the bid process and LNG FID."