ARQ 0.00% 8.7¢ arq group limited

gas in nullara, page-17

  1. 2,323 Posts.
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    Yes.. it will cost EGO to buy back in. Terms have not been stated, but usual practise is multiples of their percentage of well costs. For example, if the deepening of the well into Nullara and costs of production cost say $250,000 (that's at EGO's share), then usually that's multiplyed by a penalty rate... could be 5 times, 10 times, who knows.
 
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