Billabong, page-2

Didn't Slawson have the option to buy into Billabong?
What do you mean by, just for the cash anyway?


"A portion of Samson’s interest in the well has been offered to Slawson in accordance with our previous sale agreement, whereby Slawson can acquire 50% of Samson’s equity in the well after a successful workover."

"Samson’s equity in the well has increased to 57% (from 50%) because of one party’s non consent to the ongoing workover expense. Slawson’s purchase decision has yet to be communicated to Samson; however the well bore is now ready for pre fracture treatment preparations"