1100 ft is not shallow water ...the demera block is and could use jack up rig ....way cheaper to operate .....looking at the seismic on thecgx websight this is a no brainer ... i am an oil engineer started in the industry when dome petroleum was around ,... worked the canadian arctic and understand what deposits during the paleozoic and mezozoic periods lay down most of the planets oil resourses avoid precabrian ares 500 milion years and older .... prior to that the panet did not have vegitation ....on land ....oil discoveries are not just any where ....