Timing of Follow-up DrillHere are the likely things that are required before the next drill. 1. Partner meeting. 2. Meeting with government. 3. Negotiation of 2nd phase of lease including work terms and term as well signing with government. 4. 3D seismic over next prospect. 5. Interpretation of 3D. 6. Partner agreement on location, timing etc. 7. Licencing, constructing and drilling new location. Item 3 may not be required if the second phase of the lease is spelled out in detail. Item 4 and 5 may not be required if the partnership thinks the 2D seismic gives a proper understanding of the prospect. In the meantime, I will do my usual strategy. Wait until they announce timing of drill, build up position on dips and sell at spud.