announcement is coming!, page-17

We touched on this a few times before, with similar commentary.
We've talked about:
. a complete take out of NEN i.e. no more NEN
. a take out of specific assets i.e. b105, to support NEN keeping its B120 stake
. NEN selling off some/all Vn assets but retaining the geo library, brains trust & winning team - to pursue its other interests (Indo etc) i.e. to repeat the Vn tune - I know that NEN's looking for a jv/farm-in, possibly ENI, they've worked well together in Vn.

One option that we haven't really explored for B105 (and maybe 120) is the possibility of NEN selling down while negotiating/retaining an ongoing royalty stream from these assets. This could be a very valuable income stream for the years ahead.

Any thoughts?

There are so many interesting scenarios to consider - assuming, that is, success in 105 &/or 120.