I think they at this point they r doing the right thing...

I think they at this point they r doing the right thing retaining the highest % possible. They must have a free carry with Bhps $24m which i believe they must spend as i believe its an "upto" figure so whats the point of farming down more at this point?
If Hawkeyes a duster id be amazed if they didnt find further farmin partners for Cinco and possibly beyond, Shell for example would be unlikely not to want an interest in drilling Cinco. Red Emporer will probably farmdown some too?
If Hawkeyes a success then they can really drive a hard bargain.
Lets now get the rig booking.....