Looks like he got it from the screenshot below but it ignores the fact that 70% can also be claimed for cost recovery taking the potential Contractor share to 86.5% of gross oil revenue
"86.5% Contractor Take during Cost Recovery Period assuming full FPIA"
Exciting times ahead Kingrose with oil at $100 a barrel, buckle up;
“Tying an EWT for Cadlao into our 2022 drilling program along with Nandino exploration drilling and EWT upon success, will make for an exciting and potentially transformational year for Sacgasco in the Philippines.”
Looks like he got it from the screenshot below but it ignores...
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