It's pretty obvious that the partner had a say in the wording of the news release.
I think if PVA could have done the wording, they would be saying just how positive this news is for them.
This is free acreage - and in the right area.
Dio more deals like this one, PVA. It's a winner.
It's a bit more complicated than that as the partner will get some royalties on all the LaVaca wells -- but not that much. LaVaca production has been good and is getting better, as witness the latest filing on 12/14.