well of course if pegasus has a win they will of course ring up the rig contractor and say stop Nooooo exploration drilling in this company we have other plans - of which we are not going to tell you.
what is that you say - contracted to pay out contract and no drilling undertaken woops - well maybe you had better finish these 2 holes first then we will change course
3 months later - appraisal successful and kangaroo west a discovery - woops what do we do now by golly we have over xxxxmmbbl to develop - oh and look at those other prospects undrilled right next door -
oh shit we better drill them I suppose - sorry shareholders BUT we cannot change direction - this exploration drilling in really prospective territory is just too good to be true - oh well more bonuses for management for such a strong performance hey !!!
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well of course if pegasus has a win they will of course ring up...
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