to quote your post in part
"Under the terms of their agreement:
• The Federal Court proceedings will be discontinued;
• Icon has now transferred a 40% interest in ATP855P to Beach (subject to Ministerial approval);
• Beach will drill a horizontal pilot unconventional well into one of the strata comprising the Roseneath, Epsilon & Murteree sequence, then case and suspend the well, suitable for fracture stimulation, which is expected to occur within 30 days of rig release from the well; "
it does say Horizontal well, which Hlifax is not !.
so it seems there is parts of the JV still to be met before BPT earns its 40% with ICN
what do you think ?
bliss123
to quote your post in part"Under the terms of their agreement:•...
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