The key point was that Peak were nominated by Santos. One would expect this to be a reasonably solid company, notwithstanding your quite valid observation... I had the same view when it was originally annunced..
I think STO need to do some explaining. I can't accept that this is part of a more elaborate plan to get CTP on the cheap but, if it is, its working very well.
GLTAH
Ann: Peak Helium Farmout Status, page-15
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