The 10% carry is as was, no change, in addition to the carry basically, Namcor have farmed into PEL94 for 7% in exchange for 1600sq km of 3D seismic. leaving GBP with 78%
So knowing the 3D cost, should price the 78%
This is a major development a deal is underway, whether it is a buy out or farm out, only time will tell
Namcor currently working from home, but should be office base Monday
The 10% carry is as was, no change, in addition to the carry...
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