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  1. Trees
    43,633 Posts.
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    29/06/10
    14:23
    Post #: 6850562
    One thing I like is the free carry for a well in EP 127 and 128 and the report. It does not state how detailed that report will be within 4 months. Perhaps there maybe an interim report to satisfy farm in agreement.

    This will save a lot of money as only $1.7M (last quarter report left (minus expenses since then).

    So imagine if one of the wells has a small return or the report shows nice exploration zones.
    BKP Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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