dilution, page-14

My reading of this is that:

1. The Mauritanian Govt. has found a way to realise some of the worth of the oil production early. They will receive $130 million from Sterling Energy.
2. There is no commitment that these funds are to be used for the development.
3. The partners will still pay the full 100% of the development and the Govt/Sterling will pay for the 12% through future oil revenue.