REL are buying the Dempsey 'discovery well' interest only. The AMI resides with XST..... this is quite common in the industry.
Can you point me to where PCL have said the Alvares re-entry will 'take place this quarter'?
I highly doubt that as PCL, XST and SGC are all very low on funds .... PCL have to carry SGC for $200k as well... and only had $776 in the bank at 30 June......so Q4 earliest imo
DYOR
Ann: June 2018 Quarterly Activities and Cash Flow Report, page-7
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