People just can’t get their head around the fact we already sold half the oil. How many times does it need saying?
ROC pre-paid $64m for half the oil already plus 50% ongoing operational costs plus 50% of U-W,U4ST1,U6H,U7H,U8H,U-N drilling costs and anything else drilled in the PLs plus 50% of any new infrastructure. And an additional $20m of the first $25m for exploration in the ELs+50% thereafter.
Ann: Corporate Presentation, page-26
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