This farmin has been done this way for one reason and one reason...

This farmin has been done this way for one reason and one reason only. So that one of the terms of the conditional acquisition is met.

COE held all the aces in the deck so forced the farmin agreement to be on there terms meaning that they have 0% risk with the first well and up to 50% reward if it is successful.

What ludicrous terms!!!

Who negotiated this farmin arrangement? Zeta or Key or both? I didn't think the Zeta deal could be any worse than it was. This just made it a hell of a lot worse as we will bear 100% of the risk.