If it was a company like Halliburton then I would gladly give up a 50% WI for 2 or 3 horizontals for a free ride on the costs of the drill. SSN's deal meant they gave up around 65% of their WI but the Niobrara was a new play with increased risks, Permian is a less risky proposition so if a JV of that nature was ever on the cards then I would hope we maintained at least a 50% WI.
Nigyrob,
Just got back in so sorry couldn't answer your question but whiskey obliged, his name was WJ or LJ Calais from memory, from Broad Oak as whiskey points out, I don't know if he is or was in any way connected to Halliburton.
cheers
GGP Price at posting:
1.9¢ Sentiment: LT Buy Disclosure: Held