RE: RE: Valiant's Contribution The farmout you speak of was not for their interest in the producing Causeway field (Valiant has 64.5%). It was for a gas - condensate prospect:
Valiant Petroleum plc announced that its wholly owned subsidiary Valiant Causeway Limited (“Valiant”) has signed a farm-out agreement with Maersk Oil North Sea UK Limited (“Maersk Oil UK”) with regard to its Isabella prospect located in the UK Central North Sea Blocks 30/6b, 30/11a & 30/12d (P1820).