RE: WTF is this?To finish the quote
"The intention is that Bridge will recapture this production revenue at a future date from such legacy wells in an equitable manner. This back-out issue is being addressed by a formal Joint Reservoir Management Group to confirm equitable gas balancing and repayment procedures. "
It looks as though we are giving out loans now. A future business parter/deal could be beneficial. Maybe it is part of a buyout deal?
On a plus note: "26 million cubic feet of gas and 807 barrels of condensate per day (approximately 5,140 barrels oil equivalent per day)" Proves this well is producing at around $100 million a year in production (assuming $50 a barrel for there oil; it is considered premium)
Good news is always plesent...