re: Ann: Australian Energy Pacesetters Confer... we have now seen on a number of occassions the post farmout % for each SC for NDO.
SC45B - 35%
SC58 - 10%
SC63 - 50%
looks like they are staying strong on what they want out of it. to be honest I would be happy to forgo another 10% on SC54B if it meant drilling late 2010 / early 2011 could be confirmed with a free carry.
Ann: Australian Energy Pacesetters Conference Pre, page-2
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