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goforthebet

03/07/19 9:13 AM

#11744 RE: hain #11743

does that mean we have to wait another 20 months AFTER the moratorium is lifted, to know if and when we are drilling there??

Once the moratorium is lifted, PXP will proceed to drill two wells within a period of 20 months at an estimated cost of $60 million. PXP is hoping exploration activities under SC 72 will yield positive results.