melbourne presentation, page-4

Interesting additional comments JB. I wonder what (ballpark) value EXR might expect per bbl for in-ground reserves from a cashed-up major (of course, they've got to find the stuff first!). Also, I wouldn't be surprised to hear of at least one or two farmin deals prior to Jaguar. RL had told me earlier that the key is getting early access to data to enable high-grading of prospects for early drilling. Prior to their own AIM capital raising this had always been a weakness of the alliance with Granby, EXR always had to stump up with the cash/give a free carry element to get technical data. There could be a few desperation deals available as some hopeful juniors approach the drill-or-drop 2 year (from award) deadline.