CVN 3.03% 16.0¢ carnarvon energy limited

Ann: Phoenix Project Volumetric Strategy, page-31

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  1. 3,644 Posts.
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    Well I would assume under a retention lease, we can split off the discoveries so that we can focus on the exploration. The other option is that we haggle on payments on exploration upside. Given the expertise the company has shown in this it would be of interest to any major.
 
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