If the UK are offering a 91% tax refund on exploration wells I can't see why we won't get some bites, it seems like a no-brainer but I don't know what I don't know. I wonder if the tax credits are confirmed yet. It does say its for producers right? Do you know anything more about the terms of that?
Also, would you be selling at 50+ cents or free carrying and re entering on weakness, if FDR gets 10-15% of well ownership thats some decent royalties compared to current MC to fund further activities or pay dividends of their own, thoughts on all that would be appreciated.
I don't have much idea about oil drilling but it would be good to have some more conversation on these threads.
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