maybe I am missing something, but surely its not that hard to say:
..these numbered blocks and sub-blocks form part of our agreement. here are some Terms and Conditions passed through from out general exploration lease conditions plus a few more of our own regarding (fill the blank). You agree to $ and work program of such and such, for this period of time, production benefits are thusly 50:50.
Why is there all this concern with farm-ins losing so much for CTP? Just essentially carve off some prospective ground, as above, and sign an agreement. Its not as if the company is being sold.
Someone please explain.
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