As Antman says, IMHO, most likely event will be NSE is a non-participant anyway. So DLS/STO will make some sort of quick deal to just get that sorted. i.e Increased stake in the acreage for both with a slightly larger carry. Also, it may be that STO/NSE deal was structured so that STO pay all their carry first, then NSE. So either way, the work commitments should go ahead as planned.
Can only agree, Brad and his team have positioned DLS to be the best value player in the Cooper Basin.
DLS Price at posting:
$1.18 Sentiment: Buy Disclosure: Held