It's a relatively novel play type in a very harsh region so we're really in unknown territory...loads could go wrong with the drill / FRAC.
If it works the rerate will be truly huge, which is why I believe the conventional farm out will be an oil major, as they will want 'early mover' status on 3.6 billion that potentially flows like conventional.
Also lets say this beauty 10 bags leading upto ICE2, will you still hold....it takes guts when real money is on the table.
I suspect most will keep a hand in as the current results have been spot on, but the tension will be immense.
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