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ridgydidge75...Also...the funding of the other 30% portion can...

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    ridgydidge75...

    Also...the funding of the other 30% portion can be recovered from production immediately as I understand it...so at present, CTR should actually be receiving 90% of the cash-flow from At#4 (not 60%) and I assume AT#5 if/when it flows?

    Potential to fund the remainder of the project commitment, and corporate overheads, from anything around 600bbls/d combined field production.

    Very possible.

    Anything more starts to make this interesting.

    But...if this were to eventuate...will they?

    I can just see it now...yet another 500bbls/d horizon placed on restricted production of 150bbls/d to "preserve well integrity"...meanwhile as the placement confetti goes into overdrive.

    Cheers!
 
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