It might be said, Mick, that the jvps got a good deal if that is the scale of the financial risk that they avoided.
AUT expects cash in Q4 but it has a further 4 free-carry wells. ADI & EKA have no interest in those wells. I can't imagine that the jvps agreed that Hilcorp could take the Easley production to pay for Longhorn 1, for instance.
good deal maybe not, page-4
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