Just out of interest, did anyone ask what "free carried" (in terms of the WDS farmout agreement) really means?Yes
- Does it cover the cost to drill, plug and abandon?
Yes
- Does it cover well testing? DSTs etc,
- and/or in the event of a discovery, does it cover the cost to install the production casing and well head?
Exploration wells drilled offshore are almost always plugged and abandoned
Just out of interest, did anyone ask what "free carried" (in...
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