Yes C'mon thinks that when a company says JV then they have to tell who is spending what... i.e. for plastic tubes, hinges, screws, cigs, chips etc...so that we get a clear idea. They said JV 50/50 and they give the 50 only upon the completion of 10 wells...completion costs are very less which are going to payable by AKK; they are paying less as they are giving 50% on the completion of 10 wells. No one can give exact figures at the ann of a JV
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- Ann: Austin forms JV To Develop Pierre Shale
Ann: Austin forms JV To Develop Pierre Shale, page-40
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STRATEGIC ENERGY RESOURCES LIMITED
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