Thanks for the link, quite an interesting read.
So, no one actually knows what the detail of the PSC is for Block 9 but assumptions are made based on quote `some normal terms for Cuban PSC may include' which is fair enough.
Am I right in assuming then that if the reserve is assessed at greater than 500mmbbl then CUPET's after cost share would be 30%? but they take a greater percentage the less oil in place.
Slow And Steady, page-70
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