RE:Re:Re:So As you say, it doesn’t matter, they are going to drill.
I obtained my information from the Management Discussion and Analyses of Financial Conditions and Result of Operations For 3 & 6 Months Ended June 30, 2016. It States “ In order to satisfy the minimum work commitment for Malva the company is required to drill 2 wells.”
The information for each of the other blocks says the minimum work requirement is 1 well.
Malva bonus royalty is 57.39%
Topein bonus royalty is 78.79%
Mundo Neuvo bonus royalty 80.69%