Agree J.T. NO way either Beach, especially ICN, can even think of developing such a massive asset without major financial input. Probably, IMO, in the form of selling equity into their J/V's and using that funding to pay all development costs. If 218 and 855 deliver the required numbers, the value will be such that both BPT and ICN will still be able to retain significant equity with minimal further expenditure. IMO, Halifax-1 holds the key.
And, the elephant in the room, T/O, would resolve all of that, but, hopefully won't happen.
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