Ann: ADX to Increase Economic Interest in the Anshof Field, page-3

  1. 4,910 Posts.
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    A large part of the payment was capital calls for the the building of the 3000 bopd production facility .It seems that was about 400000 of the payment .
    So only about 147000 Euros was for the production and the right to take part in any future wells in the area .
    Not a great deal but fixed up a JV problem .
    Lets hope the production facility gets more production to justify the cost of the facility .
    They desperately need a decent discovery after their run of disappointments.

 
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