RE:RE:To the MoonI also thing that Valeura will be bought out after the apraisal phase but before the development phase.
Even if not bought out by then, the actual infrastructure allows 50 mmcf/d production, and they have the option to increase that capacity to about 150 mmcf/d with a sales agreement with Gasdas, the infrastructure is already in place.
The capex requirements will therefore only be for the wells, and with the actual prices, relatively good wells should payout well before a year. Dilution should therefore be minimal considering the plus value at this stage.