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Hamilcar54

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Hamilcar54

Re: hockey62 post# 1151

Tuesday, 09/23/2014 12:44:52 PM

Tuesday, September 23, 2014 12:44:52 PM

Post# of 4227
They can also give a percentage work interest instead of financing. If I remember correctly HENC gave up a 1% interest in favour of 1 million dollars in debt scrapped. So continuing that thought = 10%WI for 10 million dollars, that would be enough to drill 5 wells.
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