cliffhead trend evaluation, page-3

  1. Jim
    930 Posts.
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    I've been asking the same question and not getting any answers. We know that the side tracks and appraisals are contingent on success but there is no decision within the joint venture as to what the contingent wildcat wells are actually contingent on.

    Counter-intuitively, i reckon the contingent wildcats are actually more important if twinlions/mentelle are dusters simply because an efficient development of cliffhead would be helped by proving up other fields. however it looks to me like the wildcats may be contingent on success simply because they need better share prices to raise more money

    we'll see

    good luck
 
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