Revised Deal

[Brew Swillis]

Put, if AD does not communicate, I believe the get the TCF bonus of $100 million per, but not in the higher TCF bucket.  And yes, they still own a percentage of the gas they find, but it is incrementally more of a payout if AD "communicates."  Someone throw a two way radio into that pit please.

That $100 million exploration bonus has been reduced to $65.4 million.  From the transcript:

"The exploration bonus in the event of a discovery will now be $65.4 million per Tcf for amounts above the first Tcf

discovered."