CVN 0.00% 16.0¢ carnarvon energy limited

Thai Divestment, page-209

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    Ok, I get your point eyes but until the partners work out the drill program it's all conjecture.

    It would not surprise me if the partners did an appraisal on Phoenix if the results come back good first anyway.

    Then drill Roc after that.

    Apache might be the operator but as I said before it only has 40%

    For example KAR's partner in the browse in one of the permits were the operator but had only 10% but KAR wanted to drill Grace and it turned out a dud.

    So operators don't have all the say if they have a minority interest.
 
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