I have a dozen questions after that PR, but one that is bugging more than most is: I'm not sitting in the data room, and I don't exactly know what "equipment limitations" means specifically, but if your confidence on the targeted +300mm bbls is apparently reinforced due to drill data from the roughly 7000 feet of above target depositional layers, do you bail on Tau now, to go to an unknown like Corvette, or any other target, inevitably have to do a capital raise of some sort and suffer the subsequent dilution, drill thru more salt, still have to get down 8000 feet past your tau stopping point to est. drill depth, all to target an NPV of 1/5th of Tau? Just to save a lease? Maybe it is a much easier technical target. Maybe you can get to tens of millions of barrels before 15k' and fund another go at Tau - I don't know. A thorough Q&A would be nice. Thoughts?
News 
Market Data 
Discover 
AI
