Ann: Farmin Agreement Signed With Otto Energy, page-6

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  1. 1,671 Posts.
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    Well it now gives some idea of the expected well costs (drill and test) at US$37.5m. Still with 78.18% exposure to SC55, they are still a work-in-progress for a major farmin. Looks to me that the plan is just to get Hawkeye drilled.If successful, they will have a much better chance of a major farmin. If not, I would expect OEL to walk.
 
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