As one can see any development in the Canning takes years to prove anything up.
Finder suggesting a well in 2022 to prove up its concept and looking to farm out to share the risk.
For around $7m BRU should farm in to this well IMO, especially if they believe in the amount of oil and gas being touted.
There are only 3 permits where fracking can happen in WA and it seems Finder might be the front runner.
Will Black Mountain farm in to this well is another question as sharing the risk at a reasonable cost to prove the concept up will save much money.
Even better would be Black Mountain and BRU farming in to Finder's well for a minimal cost just to take out an insurance policy.
Too many companies have gone by the wayside trying to prove up their permits individually and IMO its probably time to get everyone's heads together.
Eric would need to go though to achieve an outcome.
The other option of course is everyone go their own way and end up like the rest of the Canning casualties.
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