Thanks for the info Bulldogsfan,
The $170 million total is only if they keep a stake in all permits. And some of this is siesmic costs which pxa will be paying 100% of.
I would expect BG to increase their stake if they are serious. Maybe paying 100% for 80%, or something like that.
Re the poo, it's a finite resource seeming close to it's tipping point. The price will rise again.
petroleum news about ctp, page-19
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