The bigger the oil pond the better.
Cue's buy back price is essentially fixed..to the exploration costs. (I haven't been able to find any figure put on the costs of drilling the two wells)
Cue do not have to find any cash to buy back in, just pay it back through their initial share of oil pumped out.
I guess they could have sold part of their 15% to STO to be carried free through the wells, but hey either way they ended up risk free with only upside.
dodds
jerkoff #2 results just out!!!!!!, page-7
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