RE: Any thoughts on PXMPXM turned over to Bridge all remaining acreage outside of the Willow and Hamilton Projects for $250K in disputed project costs so if somone takes option 1 their joint venture with Bridge would be done, no?....since I've been following Bridge I haven't heard a peep out of PXM management so not sure what their team is like. I'm not sure where Bridge will fall but too late to bail now.......can't win them all I guess.
Here is part of the Sept release:
The Joint Venture Area of Mutual Interest will be reduced to the 160-acre spacing development area for the Willow and Hamilton Fields as approved by the State of Idaho. Paramax will assign its 50% working interest in all acreage outside this development area to Bridge. Bridge will then hold approximately 101,000 gross acres and approximately 90,000 net acres in the State of Idaho. Bridge will therefore gain approximately 39,000 net acres as a result of the settlement.