04-08-2016, 01:03 AM
If Antelope 6 is in the process of being plugged and abandoned (Per OSH today) as of 3/31/16, then the final testing of all of the current E/A appraisal wells has taken place, thus requiring Total to initiate the "trigger date" (Per the Total/IOC SPA) commencing the certification process, EXCEPT for the possibility of Antelope 7 being approved unanimously and drilled. My thoughts are that the JV partners are awaiting the OSH certification numbers in June to make their final decisions. If and when IOC or any other JV partner votes against A7, the trigger date will, in my opinion, be required to be called.