Summit is looking to dilute its 75% stake in P2382 / block 22/14c, 25-40% available in the 181-sq km licence. This contains the K2 prospect into which a well is required by Oct '22. Presently Summit (op), partner Ping Petroleum.
The OGA reports 32nd round results: 104 applications for 245 blocks or parts thereof from 71 companies including new entrants. Awards are expected in 2Q '20.