Wakefield-1 has a condition attached to the drilling - on completion to casting point BUY earns 23.28% interest in the entire 1600km2 Cooper Basin permit offering oil, coal seam gas and tight gas potential!
BUY is not walking away empty handed even in the worst case scenario, because 1600km2 in Cooper Basin is HUGE!
All this doom situation with Wakefield is so oversaturated IMO
pel-218 update , page-8
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