RE: PTT is starting to make a nice move !I thought that the PTT website stated that it was PXT that farmed-in on PTT land and that PXT was Operator. By default PTT would be partner. I'll need to have another read of the old PTT news releases to be sure.
If my memory is right, the costs are incurred by PXT and PTT had a free ride for a while; I think to some sort of $ cap. I just don't recall what the land ownership breakdown is and what the agreement for financing subsequent drilling was. Does anyone have the breakdown of ownership and cost allocations? I'm getting forgetful where I read it.
Regards,