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Your Noble oil and someone offers you 32.5%(humpback) , what good is the treasure (oil) if was another situation. A dry hole has no value, so why even get a deal for 32.5% of nothing? Noble ,' sidetrack is a drilling problem. The tools are jammed. You cut them loose , cement them in a drill around the problem, the "Sidetrack." Keep going, says Fogl! Are you going to pay says noble? Alright take 60% of whatever humpback hits' and leave me with 29%, says our leaders.
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