Based on Fitz's post, they have to elect for up to their maximum working interest on the first well in each block. These kinds of deals often come with back-in provisions, but the way this is stated that 'pay a penalty' to get back in option may not be there.
Beetaloo or bust: the route to commercial success for an Australian shale play, page-66
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $264.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $23.50K | 160.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 55724 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 467554 | 14 |
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