somaliland - sterling energy paying $1m per 1%, page-5

It was included in the Quarterly, no reaction by the market unfortunately.

Reading the Quarterly was the first time I noticed this -
"Under the terms of the farmout agreement with Genel, Jacka will be fully carried for all exploration expenses
incurred through to the end of Exploration Period 4 (May 2016). This includes but is not limited to the minimum
work commitments of 1,500 km of seismic acquisition and a well."

Does this mean if Genel wanted to drill three wells in 2015 and 2016 we would be covered for all expenses? Does anyone know if there is a cap on drilling (e.g. similar to COE being carried up until a well cost of $27m on Hammernet?