I think WGO need the deal done more than STX. STX can just carry on with WE and WGO will need to stump up the cash to meet STX's appraisal plan.
Furthermore, on the side STX will develop the greater PB acreage and adding value to STX, without WGO.
STX don't need WGO at all. It just makes sense to take WGO's stake if the price is right. If WGO don't want a part of the greater PB development then good luck to them, with their one non-operator stake in one permit. STX will move on regardless.
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I think WGO need the deal done more than STX. STX can just carry...
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