RE: eeenf31 Mar 2022 13:45
11.38 - could do a convertible bond, which for explorers would be a deferred dilution where you have optionality to convert after, hopefully, a good result or refinance in other ways. Or usual farm out..however thats an expensive option as partner will always want 30 -40-50% WI...and argument going back to licenses we have seismic, well data and have solid analogous wells would be a **** take. My point was they shouldn't have been running around acquiring other acreages and drilling them on SFA data rather than using the last 4 seasons to do more at Icewine....