XST have already indicated being minor financial partners in the Borba spud/well so that would be at a minimum of 15% - 20% working interest based on my calculations. If SGC as Operator retain 45% working interest that leaves around %35 - %40 to fill which I still feel will be taken up by a CRC, Empyrian or even a similar heavy-weight major despite all the conjecture for and against tabled previously on this thread. You would be seriously dreaming if you think this Borba project/drill is still up in the air subject to/awaiting finding a partner with money before they spud sometime in this current month.
The countdown has already commenced and the relevant parties are all on board IMO ...... it's just a matter of confirming/announcing the final percentages/working interests with those involved and that will be announced closer to the actual spud commencement I'm sure.
GLTAH
DYOR
XST have already indicated being minor financial partners in the...
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