RE:RE:RE:RE:RE:AFE confirms Gazania spud in SeptemberDoing my own due diligence, I have looked for every thing that could possibly go wrong that I could think of. The biggest issue I could find was those damn options both Dana and Petrofac have. The AFE results report does say it is ahead of schedule and could mobilize in July with a September spud. If so, happy days are not far away.
It is also possible those options could be for a later date at a rate that has already been set. If that is the case, we should be spudding Q3. The only thing I do know, is the options are there. What exactly they mean, I am not 100% sure.
Does it change my outlook on Eco if we drill Q3 22' or Q2 23'? Nope, I am confident we will eventually drill, so I continue to hold!