KAR 2.22% $1.38 karoon energy ltd

Big news overnight, Bauna deal terms very likely to be revised, page-29

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    View on if we keep the accrued oil ? Did trident keep it?

    if we are reducing the upfront payments but the total stays the same (based on oil price) then shouldn’t we keep accrued ?

    is there a chance that the upfront payment is half the original minus accrued ? So our actual cash payment would be somewhere between 100-150m?

    thoughts?

    PB
 
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