Scc,
A third well on Blk4, as we know is optional under the PSC 1st phase drilling obligations. So spudding an additional well there, would, IMHO, mean that they are encouraged by what has been found so far and wish to fully exhaust the four wells/120day DP contract with Transocean. Otherwise why take on the expense.
One reason I think that might be the case is this six floaters Call from Addax, specifically naming all the wells drilled this round [Kina South not drilled (yet?)but named, Malanza not named...but decision to drill there came after the Call(plus Obo)].
There are however some issues as per the time-lines involved. It is not clear when exactly Addax/SNP have to hand back the vessel, making such drilling impossible if due dates are December 1st or mid December or even end December, right after Malanza has reached TD (thought to be by next week at the latest). If they get to keep it (according to a Pup source) until mid January...then we most likely will see a fifth JDZ well.
I thus fully agree with you that a question and answer is warranted at the 15/12 CC.....unless we hear something with a TD Malanza announcement beforehand.
regards,
spp119
News 
Market Data 
Discover 
AI
