text: It's curious that Statoil drilled 9 wells in 2015\6 (19 months) and had 2 discoveries... now the budget is down to 2 wells??? CBC reported it'd take 15 years to develop especially since "The big difference with the Flemish Pass is water depth of more than 1,000 metres, as opposed to 100 to 150 metres in the Jeanne d'Arc Basin."  I'm hoping Athabasca Oilsands can make hay... on 24,000 bpd with rising oil prices...   But Statoil suddenly becomes  ATH-oilsands largest shareholder @ 100M shares (20% ownership)?   In 2016, Sept... "Suncor Energy Inc., a joint-venture partner on the exploration well with Shell, said it will write off costs tied to the project. Suncor holds a 20-per-cent stake in the project and said it would write off its share of the costs in the third quarter, about $105-million after tax."  It sounds expensive if 1 well costs $105M???  How much did Statoil pay to drill 9 wells in 2015-16???  Suncor/Shell is on to drilling its 2nd well (Shelburne Basin) Thx.