Ann: Multiple Farm-in Bids Received & Wellpad Construction Start, page-55

Yes makes you wonder what the permutations will be.
I personally wouldn't like to see us give out 33%.
I personally think it will be more cash for 25%.
The problem we as shareholders have, that potential farm in partners and IVZ management don't have, is we have no clue what or how big the upgrade will be and I'm certain it will be an upgrade.
What IF we get a 40% upgrade?
That would put us at ~ 13 TCF, but given the A-1 target could be more liquids then it might be 13tcf + 500mmbbls [ 250 from Big K-1].
If this was the case handing over 25% would leave us with more than we started with, 9,75 tcf and 375 mmbbls.
All those that have stuck their nose in IVZ's data room will know how big this actually is.....whish I did!