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Re: emdyal post# 290897

Sunday, 09/28/2014 1:24:40 PM

Sunday, September 28, 2014 1:24:40 PM

Post# of 362775
I am not sure it was automatic that they would move on to phase 2. There was a lot of talk on this board that Cepsa could walk away ot they would ask for a extension to make the decision. FTG/Seismic must be good enough to justify Cepsa committing to spend another $30M. Hopefully we will hear soon if they do 3D or go directly to drilling.