ann out nice little earner, page-8

Hi jordos,
Think about this !
If you have a close look at the GGP announcement yesterday and look at the "Partners in the Acosta #1 well section"
You find that the WI (working interest) has GGP at 52.75%, MDA at 9 %, Pantheon Resouces at 11.25%, Eastern Advisors at 12%, Nuenco at 5% and "other parties" at 10%.
(The note indicates that the WI includes back-in rights of project vendor.)

Now I would have assumed that the share of WI in Acosta would be on the same basis as Jumonville#1 after it had been drilled and the vendor had taken up its "back in rights".

So surprisingly (to me) GGP has gone up to just over 52% while Eastern Advisors has dropped down to 12%.
Has EA for some reason palmed off some of its % to GGP ???