I've even put it in bold they've clearly labelled it the prospect area at 100sq km if they want the full 239km they need to fund 40% of the second well.
Under the terms of the Farmin HOA, Xstate willfund 40% of the Anshof well drilling expenditure up to a cap EUR 1,800,000 million (EUR 720,000) toearn a 20% equity interest in the Anshof Prospect Area.
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- Ann: ADX:European Industry Partner MND to fund Anshof Oil Program
Ann: ADX:European Industry Partner MND to fund Anshof Oil Program, page-26
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