Hi pottermore
if they farm out, which they do as it shares the risk, they still need to pay their share of the drilling.
a cap raising of size great enough to pay for their share of the WA play will halve your current holding.
just like people who held a year ago now hold 1/3 a share of what they sued to.
you would also find they probably need to prove the resource before someone is willing to pay good money for it.