Breakdown of the Total selldown payments

[petrengr1]

I think so far the score is in the order of $100M+ (that is, 22.5% of roughly $500M which has been spend on exploration over the years)

They will owe or have to pay the 22.5% of the cost of work done in PRL 15 at the time they elect to take up their full 22.5% working interest entitlement. At one time there was talk of the Operator carrying the Goverment's interest until production commences and then recovering the costs from production. If that is not done the the Government will have to come up with 22.5% of all past and future costs. A $10 Billion project would cost them $2.25 Billion.