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Re: snow post# 8469

Thursday, 07/21/2005 10:16:02 PM

Thursday, July 21, 2005 10:16:02 PM

Post# of 363139
What we have to find out is whether this deal means our partners pay the costs, or float the costs. The difference being that:

1) they recover their outlay when oil flows, before we see revenue

2) they fund this and the revenue split begins from day one

Speculator can explain this further...