RE:RE:Excuse the Interruptionhttps://totalenergies.com/media/news/press-releases/total-enters-suriname-50-operated-stake-exploration-block-58 with respect to the TOT/APA deal, the "billions" that people have repeatedly referred to is money Total will pay towards APA's future cap ex, referred to as a 'reimbursable carry'
current circumstances on this side of the border would suggest that DeAlba is hoping to prove up a volume of oil and sell it outright, hence, the need for the 'complete' data package. The JV will receive only what a suitor is willing to pay, but it may be a significantly larger cash outlay that what Total paid to enter block 58. And so we wait.