Hey Jop, I know you view the DDGT1 (Atlas 2) rig as not really being capable of drilling further than, say 2500m, but that should still allow BRU to bring in partners for at least two of the Ungani trend prospects that is 'drill ready' going from the presentations.
The Kilto prospect seems a very logical one (other than the geo studies which we are not privy too), with the potential to open up 15 more prospects under 3D seismic, that alone makes for a very juicy entree to entrants.
Yakka could also be done by DDGT1.
In the most recent presentation, BRU clearly states that they plan to drill 4 exploration wells on the Ungani Trend (although the exact terminology was "Planned exploration program of up to 4 wells in and around Ungani). So straight off the bat, it implies at least one of them is going into either Ungani or the Ungani 3/5 structure, assuming they view them as a single field overall. With potentially 3 wells out of the Ungani production licence, although again, I suppose they could drill a further well into Ungani FW to access the extra oil pool. Leaving just 2 wells on the trend... Kilto and Yakka.
Thoughts? (and yes, I know you don't think or like the farmout, but surely at this late stage in the game, Eric is not going to pull the plug on the farmins).
Oh the waiting........ If only we could have put the Canning Basin in S.A. They are pro fracking, pro-business and don't have cyclones!
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