It's also a strategy that fits well with an end game - prove up what you can cheaply and sell on, with the added bonus to entice the buyer of the deeper prospects.
Yes - that would make a lot of sense. Although if COD-2X Oligo/Mio is "significantly riskier than the last well" (to quote ee in 2381 above) I wonder if that makes it riskier than drilling the basement at COD, even if it is considerably cheaper?
Anyway, since there isn't a suitable rig available at the present time I guess it's all a bit academic. I have every confidence that management will drill whatever has the best chance of adding most value at any given point in time - I was just trying to get a better fix on how their estimates of total reserves for the two Vietnam blocks might be made up.
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