Where do yo come up with it “ just dawned on me?” You might want to wind your neck in a bit and realize you’re not the only one paying attention here. I’ve always understood what reality here is, and it’s not one well equals Lambos for all. It’s multiple wells and in excess of a billion dollars.
how would I pay for it? Clearly you didn’t read my remark, or you wouldn’t have asked. They’re not going to pay for it. They can’t. A JV is the only answer. the best they can do is make a compelling (provable) case that commercial hydrocarbons are indeed present and present long term sustainability. Then they can sell some or all their stake to someone with the resources and staffing to bring the field online.
