Hi Ron
I suggest you may not in fact have spoken with WER.....or maybe you have 'chosen' to mis-inform our readers for other more sinister reasons!
You state that WER 'are not liable' for any development/operating costs if the well is successful. This is FALSE....Dexter also makes similar claims.
The real deal.
WER puts up $23m to earn a 40% interest in the well.
WER 'is liable' for IT's SHARE of ongoing expenses in the event they are successful.
This information is readily available to any interested party.
DYOR and all the best to ADX supporters.
Beeppman.
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