agentm,antares introduced adelphi to the new taiton prospect.
They both have identical farm in terms.
When the operator backs in their respective working interests will be 20% each.
I took the 13.75% nri from the current annual report.
I think the operator has a 2% over-riding royalty (mueller energy),without loking at specifics I think both antares and adelphi will operate at 25% wi until sunken costs are paid back.
all the best.
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