I also agree with sav-j and bob. More JV's spread cost, risk and experience across such huge tenaments increasing the speed of, and chances of success.
Farm ins all have considerable value be it history, boards, experience etc etc, even if not immediately visible we are not farming in first time hacks. Also allows each to fully concerntrate on their zones with one sole purpose, the pay day.
"talk of leaky ships blown out of water"... no I'd say confirmed with some degree of the action prior to another positive ann being attributable to leaks, probably the bulk of action ASCI inspired however nil evidence of either, and with the sudden action what an ideal opportunity to cover up a leak? No harm done this time, we all win, and duly noted for future reference.
CTP Price at posting:
17.1¢ Sentiment: Buy Disclosure: Held
