RE: RE: Ducks14 Jun 2019 16:35
Would be nice but I think FO will be a little cash and free cover for one or two wells, with options depending on result. No oil has flowed from our acreage so there will be no commitment to an extensive drilling campaign IMO. Usually this would put us in a weaker position but the strength of the 3d, regional demand and the local 'global' discoveries within these plays means that the terms should be good for us, as set out above IMO