I suppose if I was putting a deal together I would want to split the 25m over two wells and angle for a better percentage say 50 50 split on first well and 60 40 split in favour to the partner on second well with a favourable financial package for development underwritten by the farmin partner if possible.Of course with all the info otto has from bhp available any farmin partner with the right experience and capital could be looking at a very sweet deal. If Hawkeye is sucessful any deal that has been put together has got to be fantastic.
I suppose if I was putting a deal together I would want to split...
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