Brantley
What someone in the company has told you is contrary to what the company has relayed via the ASX platform on 2 October 2008.
"Otto is earning a 50% working interest via the funding of Gazzata-1
well and a second well if Gazzata-1 is a significant discovery. There is a cap on the expenditure for both the Gazzata-1 and the second well, above which the contribution is 50/50."
I'd say 'significant' would equate to 10 Bcf.
How much gas was discovered in Gazzata-1?
Ann: Quarterly Activities and Cashflow Report , page-17
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