Oels given the farmin partners a good faith leg up with 15% for...

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  1. 12,496 Posts.
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    Oels given the farmin partners a good faith leg up with 15% for 15% of Hawkeye costs and in RMPs case the option to lower their % in the case of a cost over run.
    If Hawkeye successfully finds oil then OEL get a $2M headstart from RMP and presumedly another $2M from PNOC on the next well.
    Thats how i read it anyway.
 
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