Ann: Strategic Investment & Production Sharing Agreement Update, page-234

This will be very interesting. Also any WI will it apply over all the leases or just current drilled one? SM and the news releases have said the 3 leases give us this elegant option

Also how much do we give up. Even if it’s 50% etc, we are still waiting on the resource estimate of the new lease, which you pointed out the other day. That may very well top up any perceived WI reduction and be net neutral. Which as SM alluded to look extremely promising, one structure and liquids prone.

SM was grinning like a Cheshire Cat the other day in the webinar update.