Nice Botchee.
So if we use that on Heron's, we could expect a similar deal.(From Iam)
But with no exploration well. $41M.
Deal might be..
Cash back for costs for 3D. (have not found that yet)Maybe some of the drilling costs from Heron 2.
Cost recovery. 7m
Two appraisal wells $124m
Cash bonus if success $31.5m(Petrobras bonus)
May be more since proven gas fields.
Or a MOU That if commercial success, LNG plant on tassie.
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