So the Blade dispute pertians to the additional 25% working interest in Cadlao.
If RAI wins arbitration... RAI will hold...
25% + 25% Working + 16% VenturOil = 66% Cadlao.
If Blade wins arbitration... RAI will hold...
25% + 16% VenturOil = 41% Cadlao + ~7 mil compensation.
BACK UP THE TRUCK !!!
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So the Blade dispute pertians to the additional 25% working...
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