Hmmm.
I appreciate the update, I also appreciate the no-nonsense clarity on access to Ungani.
I would obviously have liked to read that instead of BRU looking at ways to expedite the movement of the water covering the Ungani access road, instead of them just looking at ways to do so.
As for the section on why a pipeline to the Highway is currently not feasible, again I like that Eric is keeping an eye on such possibilities, but stating that its not possible because of a lack of reserves currently, well... WE DON"T HAVE ANY after 7 years of having discovered Ungani. I wonder if this is some sort of record for the slowest certification ever (yes, I am a little frustrated, but... I am getting long in the tooth).
I was happy to read that cost of such a project would be substantially less than the one originally planned, so... when we finally do get reserves, it should be straight back on the table. Especially we end up with around 10m barrels of 2P.
The AGM I assume will be at the end of May, so... weather events aside, we should be back in production, U4 & 5 tested, reserves booked and rigs contracted with any farmins (although I could understand that a farmin could occur later in the year depending on what BRU achieves in the coming months).
I do indeed hope that a bit of 'fat' is built into the timeline BRU provided, we will see though.
Hmmm. I appreciate the update, I also appreciate the no-nonsense...
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