Kuzhyl,
FAR and Hunt would porvide raw data only. The production co's would then assess the economics / commerciality based on this data as they would have all that expertise at hand.
I'd say that FAR and Hunt would have done their own preliminary cost estimates as to what the costs would be to explore this field - they then start talking turkey with potential suitors.
Depending on how many participants there are in this process - we could be waiting a number of weeks yet before any ink is signed on an LOI or MOU document.
Cheers
BF
Kuzhyl,FAR and Hunt would porvide raw data only. The production...
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