HZN 2.56% 20.0¢ horizon oil limited

I wonder how the back in by CNOOC works ?In some commercial JV...

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    I wonder how the back in by CNOOC works ?

    In some commercial JV the party backing in pays a multiple of their share of the well cost to get back in .
    Suspect that is not the case here but does any poster know the financial mechanism for the potential change in owner ship for this well on success ?
 
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