2% royalty
i am assuming that is going to the management-- if it all gets fully developed that is where they will make the money..
The Jan reserve report has 2p of around 38 million.. i believe they spent close to that on drilling, so the economics are marginal. and it requires a lot of infrastructure for any of the northern sections to get developed.
remember paramount had built a 600 million facility. so while the NPv on the wells might be positive, full cycle economics are not has great.