RE:Thinking out Loud. Having only recently come aboard, I was not aware of these issues, which appear to go back a ways.
I hope these two companies are not opposed to seeking a friendly outcome.
The analogy of the FURY/ DV resolution may be appropriate.
Both companies had highly prospective property on either side of the Kitsault Valley.
They were reluctant to step out from their respective discoveries for whatever reasons.
FURY ended up taking shares of DV in exchange for their side. They have of other property to drill.
It was a friendly exchange, not a JV. I think both sides remain satisfied.