CU,
My thoughts are that the Farm-out my not be too everyone's liking, regardless though a deal needs to be done to protect any downside. I have no idea what the Farm-out will look like though.
Even if the Winx drill is a success, it is held by the Consortium Partners within the Nanushuk trend/play.
The Icewine leases are in the Seebee/Torok/ HRZ, the Nanushuk is pinched off by the uplift in the Torok formation, so it's a different structure.
We do have the latest 3D seismic.
I don't see any success at Winx having any direct affect on the Icewine negotiations. Although it may for shareholders
I'd rather see some level of confidence with a Farmee commit to drilling the already permitted wells next season.
I just can't see Dave letting it all roll on Winx.
But equally you may well be right.
Oh well, have a great day all.
Cheers
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