Ann: Warrego Farms-out 50% of EPA-127 to Mitsui, page-5

I have to agree... For 50% Mtisui will cover yr1 and 2 exploration costs up to 1.5M...pffff seriously, and from yr3 Mitsui can take operatorship....

Wonder if thats partly the reason Biggs left

Some posters use to say that STX were desperate to get 50% of WE a few yrs ago...i held a different view that it was the otherway and WGO that was desperate to have someone explore and develop it...i think this is history repeating itself as WGO dont have the skill to be the operator, etc....they prefer to be led.