Depends on timing. I think that most of the structure is still covered by the JV, with just the acreage surrounding the old well at 100%. So presumably they would only re-enter that after the field itself was fully appraised, thus derisking it and hopefully already providing cashflow.
But that's just my guess; haven't seen anything outlining timing.
Ann: 100% Interest Acquired In NW Alice Well , page-6
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