Repsol knows what they found in that hole even though it wasn't commercially viable, and CGX''s PPL is only about 80 Kil's west of it, I hope the information they gathered suggests that a commercial oil deposit may be located west of their "Dry hole", maybe that's why they didn't drill the second hole they were planning because all of their data indicates a commercial oil bed is quite likley under CGX's PPL. I still think Repsol is the likley JV partner since they have more information about this basin than any other Major.