Addax Petroleum (fka AXC)

[Julius Erving]

I hear you, but:

Then why did CEPSA say upfront that if Tarach-1 would end up 'dry' (or unsuccessful, or whatever they said), they would not continue drilling...(!)

Let us not forget, this is an Exploration Well first and foremost. In the absence of 3D imagery, the knowledge gained from this well may go a long way in helping them deliver better results going forward.