COE 5.71% 16.5¢ cooper energy limited

what the heck just happened?, page-26

  1. 2,381 Posts.
    lightbulb Created with Sketch. 429
    re: farmout - dont think so If they could get those terms for a farmout then yeah, farmdown. Remember though that they only start with 45% of Madura, so 15% of that is only 6.75% of the hole so I'd suspect a potential partner would want a bigger slice of the action if COE are to be free carried.
 
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