EMP BRU REY

Ann: Derby Block Update & Backreef Oil, page-10

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  1. lifesgood
    804 Posts.
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    01/12/14
    21:46
    Post #: 14388605
    If Rey have 50 % and OBL 50% and OBL is the operator, when they farm out they farm out the lot, so farm in will have 50%, Rey 25% and OBL 25%. But BOPL will be thrown off and can't farm out their share without OBL's permission anyway as they are the operator, so REY are really nor worth mentioning.
    REY Price at posting: 8.5¢ Sentiment: None Disclosure: Not Held
    BRU Price at posting: 44.0¢ Sentiment: None Disclosure: Not Held
    OBL Price at posting: 0.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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