That was the first thing that crossed my mind upon reading the announcement. I tend to think it was more a case of Stratmin needing the cash though. BSM certainly have the whip hand in that respect and may well have put the hard word on Stratmin accept less cash up front. I guess a successful result from the drilling campaign, proving up a considerable resource will reinforce my thoughts on the renegotiated terms.
Ann: Bass negotiates substantial reduction in acquisition payment, page-21
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