Must admit I am dumbfounded why GGE felt the need to farm down so much. The line about being a complex large field doesn't wash. They were quite experienced with D & L 1,2 ad 3 and after all are getting paid as oil experts to explore oil targets. Would expect to see contract details of the private oil companies required spend to bring this complex (?) field to fruition.
I tend to think you blokes are right, there must be more announcements coming to fill the picture in. Maybe the big player will drill these targets on a turnkey contract basis.
Who knows.
Why don't they spill the beans on who the private oil company is...whats the big deal on the secrecy.
I want to see my company swap valuable assets for valuable consideration and just buying expertise does not wash with me.
Flux
Ann: Napoleonville Farmout Completed , page-15
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