re: Ann: Paralana Geothermal Energy Joint Ven...
Yes, this is really a sad situation. PTR must have been dreading this possibility. If TRUenergy had opted to remain in then PTR was almost free carried in the Paralana project. As it is now, PTR will have to front up with considerable cash to pay its share of the producer well. Paralana 3 will almost certainly be a very expensive well.
Juke
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