Ann: ORIGIN ENERGY LIMITED PEL 514 GAS FARM-OUT , page-25

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    re: Ann: ORIGIN ENERGY LIMITED PEL 514 GAS FA... Just to clarify my earlier post:

    As I see it SXY gave up 40% (deeps to ORG over 2 stages) for a total of $64M in free-carry, so it would be fair to assume ORG would accept 10% (of deeps) from PGS for $16M (ie 16/64 = 25% = 10/40)

    Thus, PGS would still retain 20% of shallows (oil)

    The above is my logical assumption (DYOR)
 
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