New agreement with Origin13 Apr 2020 19:41
I'm curious to know what rights Falcon may have given up re. sale of their share of the JV. Most importantly, is Falcon free to sell their 22% interest to any interested buyers or could Origin block such a sale? If so, is it simply that Origin has a right of first refusal or could they block it entirely? Also, if such a buyer made an offer for Falcon's share, could Origin impose all kinds of conditions on the new owner to discourage the sale? Any thoughts anyone?