RE: Save targetting up 25-50k bopd via pipeline14 Jun 2021 17:13
One thing (due to ignorance) that I don't understand is, all goes well and we purchase the assets from EM and we are producing 13K bopd net and wish to increase production to 20K bopd net, we would be operators and happy to invest our share (40%) of the funds to achieve this but what if the two other partners don't want to commit the funds and are instead more focused on finding a buyer. Would they be legally obliged to invest alongside us as we are operator, presume this type of stuff is all covered by field contracts between the parties.... any guidance or thoughts welcome!