relationship between gop & ebr, page-3

jamesfo3
Once Gilbert is finished the rig moves off to drill Maclean. EBR has 25% interest in Maclean for 77mmbl target.Estimated to be worth $1.20 to EBR. Their Gilbert interest is small 10%. It was never really going to matter much whether Gilbert was a success or a duster. It was estimated to be worth $0.42 ps to EBR if it comes in with 56mmbl. Even if Maclean is a duster EBR have 5 Cooper Basin drills coming up soon so it should continue to hold its sp for some time to come.
I hope of course Gilbert and Maclean both have some commercial success.
fc