Some asked why Santos did not farmed into the whole lot?
I think it is because Santos is only prepared to spend $150m on new oil shale play. Then working backwards from recent deals, giving $11-$12 per acre; about 20m acres were allocated.
Holding back on Sth Georgina until PetroFr gets some results is a good thing. A successful PF programme, will see the value of CTP's holdings rise considerably.
Some asked why Santos did not farmed into the whole lot?I think...
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