CTP 7.69% 4.8¢ central petroleum limited

santos u win, page-40

  1. 7,057 Posts.
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    Some queries:

    Seems a lack of details regarding time lines that Santos need to make those commitments. Hopefully they don't just put it in their bottom draw and leave us hanging on like a broken limb as they will be the operator.

    With Santos farming in to most of the granted permits, is it possible for us to still farm the other permits by year end even though they are still under application?

    How did the media worked out a value of $15/acre for this deal ? Do we divide $150 mil by the whole area, or Santos's 70% share or our 30% share. Either way doesn't add up to that value. The area under this deal is 20mil acres.
 
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