ROFL nice ramping. Rawson does not own 30% of Wingrove. Rawson along with 2 other parties consolidated their interests in the NZ permits and formed Kea Petroleum. Kea owns 100% of the permits and Rawson owns 5.94% of Kea.
The Wingrove prospect is expected to host ~1 million barrels of oil.
While Beluga is a prospect expected to host 1 TCF of gas.
So Rawson has an indirect 5.94% share in the Wingrove discovery.
this is very interesting, page-12
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