Makes you think if Onshore was so good and cheap then why did they spend money on offshore, they should have first done onshore then offshore rather than other way around
All depends on quality of farm-out20 Sep 2023 06:45
If we retain 50% of our share i.e. 75% then its a good farm-out, which will mean we will retain 37.5% of Anchios and other exploration, but if we give away too much and become minority partner then ..............
note i have a big holding here before you start calling me deramper etc.
from my experience in oil shares, we get around $3-$5 per barrel before production i have no clue for gas, can someone give figure similar like oil per barrel