Hi all. I’ve enjoyed reading through the presentations and interviews so far, but have a question: in the late December 2018 report talons contribution to drilling curlew is 3.2 million.
Does anyone know if this has been paid as part of the farm out agreement, or is it still to be paid?
Thank you
quote: Talon to be assigned a 10% interest in P2396 Licence subject to regulatory approvals• Talon to participate in the drilling of the Curlew‐A appraisal well at 10% participatinginterest/15% paying interest (1.5x promote capped at £12 million)• Current well cost estimate ‐ £10 million• Talon net well cost £1.8 million/A$3.2mm (at cap)• Talon net share of 3‐year initial phase costs – A$65k :end quote.
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