OTCPK:WSRLF - Post by User
Comment by
FreddWon May 16, 2017 5:40pm
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Post# 26252023
RE:RE:crest
RE:RE:crest "I mean Crest will pick this up and have to sell for a profit...in the mean time they'll be funding Gazprom and Repsol for exploration. So quite a risk going forward as E&P takes time. "
Why would they have to pay for exploration? Crest will have to pay for the development of the resources just like WesternZagros now have to do. WesternZagros is no longer the operator for any of the fields. So no difference there. Also the more you pay for development of the resources, the more valuable they become.