RE:RE:RE:RE:RE:PTA's EV US$45M (4K boepd) - AMER's EV US$350M (4.4K boepd)Hey Perdy Gump. This is straight from Parex. The Tautaco-1 ain't happening in 2015. Tell your brother Value Digger.
"Parex plans to drill the Taringa-1 and Tautaco-1 wells back to back to increase drilling rig efficiencies and accordingly does not expect to commence drilling the Taringa-1 well until surface negotiations are complete for the Tautaco prospect on block LLA-10, which is anticipated to be late 2015. Accordingly for the remainder of 2015 capital expenditures will likely be limited to drilling the Jacana-2 appraisal well on LLA-34, commencement of drilling the Taringa-1 exploration well, Tautaco prospect civil construction and finishing facilities work on LLA-34, Rumba and LLA-32."