02-04-2016, 08:10 PM
If IOC does not have a clear picture of the field size, this will be troublesome for the appraisers as well. This might lead to big differences between the numbers during the coming weeks. If this will be the case, parties will be more inclined to do A7. May be IOC and Total made an arrangement in the transitional agreement about such event. After all IOC was not obliged to hand over operatorship before the large license payment.