I am researching BUX, especially around the Kimberly area to see if i want to invest in it but i was wondering if someone can help me understand the agreement with IGO. i get the areas in Blue are the tenants that BUX and IGO are in JV and we are free carrying with 20%.
so i am guessing it is up to IGO where and when they want to drill, and if anything turns into production, BUX will be getting 20%, is that right?
