I was wondering about GSPE and their and other prospects in the area. Have the other players really been so idle that GSPE is the only one who has this portfolio of seemingly medium risk prospects? Not really any big findings in the area since the Conger field? It seems a bit to easy even to get 1/3 hit rate on GSPEs nice prospects. I bet its in reality a bit harder to find a 100mboe field than the anticipated GSPE +50% average risk. Im still very optimistic but can it be that easy?
Hey gspex. I'm just wondering considering that these three prospects will cost delek roughly 40-50 million usd. Why not upgrade the seismic data. My two questions following this premise would be how long to update the seismic and at what cost would this be? I mean spending an extra million or two if it will increase chances of success seems like a no brainer and we still have most likely few months to go before permits are given. Your response is appreciated. Regards
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