farm out

Ok it looks like a given that MB and Buru are looking for another partner to share the burden of expense.

I think it's a prudent move and was going to happen eventually.

It seems we need to bring in the expertise needed to get this right the benefits for the upcoming programs.

Shlumberger are already here in anticipation and i'm thinking management are already thinking down those lines instead of trying to work these planned drills on their own.

We need experts to help us out and we need partners with these type of experience in fraccing wells to bring home the bacon.

The new beaut rig and crew obviously didn't hack it and i think most of us agree on that.

Apache has the expertise i think to get this done(tell me if i'm wrong though) and it seems they already have one foot in the door.

So what does everyone thik the split up might be?

MB and BRU give say Apache 20% each which cuts the risk for both,

Leaves a 40/30/30 share which i can live with.

If not Apache of course with whoever they farm out to.

We need another partner on the ground floor as this is huge.