Surprise!
Always thought this deal was well over-priced (commitment of 7 wells as I remember). Be interesting to see where permit 512 goes from here - lots of committed wells, no cash in the Operator's kitty and little prospect of someone else forking out so much to get Discovery off the hook. Hand back the permit and reset?
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- News: BSP Black Star Petroleum Terminates Agreement To Acquire Wesi Pel512 Pty Ltd
News: BSP Black Star Petroleum Terminates Agreement To Acquire Wesi Pel512 Pty Ltd, page-2
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