My view on the issue with this side agreement is that the PF has asked the two free carried parties to give up some of their 15 % free carried percentages.
If you think about it PF come and have to pay back MEO prior seismic costs then fund 100% of well costs for 50% share, it makes their 50% look very expensive while MOG and Cue sit back with a free run. This is only my thoughts.
news, page-53
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