02-20-2016, 05:54 AM
IR states Total is saying the appraisal will finish this year and per the SPA within days we get paid . No decision on 7 yet . The speed of the Total drilling team at 6 is a reflection of their professionalism . If we drill 7 the team can drill within this year and in time for appraisal completion .
Stavros is correct per the Total report the LNG pre works are full steam i.e. environmental , social etc. The most 7 could cost is $100 million and Interoil would owe only its percentage of the total .
Costs vs last year are way down they have cut and cut again .
Expect year end report second half of March .
We have a new operator get used to it .
Stavros is correct per the Total report the LNG pre works are full steam i.e. environmental , social etc. The most 7 could cost is $100 million and Interoil would owe only its percentage of the total .
Costs vs last year are way down they have cut and cut again .
Expect year end report second half of March .
We have a new operator get used to it .