I thought it was unlikely OXX had the cash to see this through. Hard to see as a positive. First BRU walks away.. now OXX and in the worst possible environment to find a major farm out in years. So horribly timed. On the plus side they have more equity to farm out. If they win outright and REY doesn't figure into it I really don't like the chances of much exploration happening soon. Don't even know how they're going to pay for seismic if they take 100% without the OXX money.
At least they're talking to REY about some kind of compromise.
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