07-08-2015, 03:38 AM
According to the SPA the Buyer (Total) makes the call for Certification. If they decide to drill Ant 7, any result could/would be included in a later certification. The fact that they have the enhanced seismics might help the certifiers bump their estimates and if/when Ant 7 is drilled and it proves out much more assets, the Wildcard/Final Certification would pick that up and IOC would get its additional payment.
The main thing now is getting all parties to the point where they feel they will certify enough for the 2-train startup. It's gravy beyond that, especially if Wahoo hits.
The main thing now is getting all parties to the point where they feel they will certify enough for the 2-train startup. It's gravy beyond that, especially if Wahoo hits.