Their farm-in was tiered, if they choose to progress to the next tier it implies they still like the play - good time to get back into BKP if it occurs. If they pull out thats it for the time being for these permirts but I think it would be cheaper for Statoil to buy out PFC and proceed at their own pace instead of partially carrying PFC.
Last BKP parcel went at 0.08, thank you to hitnmiss43 post in the 'pfc closing price' thread as otherwise I would not have partially got out at 0.09 - last seller.
Their farm-in was tiered, if they choose to progress to the next...
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