05-25-2013, 05:31 AM
'Petro2458' pid='23021' datel Wrote:What does this mean!? "XOM will carry IOC’s cost to drill additional delineation wells in Elk Antelope to determine XOM’s interest in PRL 15."
My take is that a function of the delineation wells is to determine what percentage of Elk Altelope XOM gets in order to provide the gas they need for an additional train.
It looks like they may have agreed on the price for the gas for one train, but haven't yet agreed on the percentage of Elk Antelope.

