GREY:ENGFF - Post by User
Comment by
steadfaston Oct 27, 2010 3:07pm
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Post# 17619717
RE: RE: We will immediately begin
RE: RE: We will immediately beginTasser:
Yes, I had always thought ENG would farm out part of Lotshi. However, on second thought it only
costs $3M to drill one well at Lotshi and still keep 90% - I think for $3M I would take a gamble to
keep 90%. It is much different than the $130M to drill Kunene 1 with a cost of $13M to ENG.