{"version":"1.0","provider_name":"Westwood","provider_url":"https:\/\/www.westwoodenergy.com","title":"Farm-out market in 2020: Deal flow at all time low but success rates from wells drilled at a 5 year high - Westwood","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"34ac8Gro08\"><a href=\"https:\/\/www.westwoodenergy.com\/news\/westwood-insight\/farm-out-market-in-2020-deal-flow-at-all-time-low-but-success-rates-from-wells-drilled-at-a-5-year-high\">Farm-out market in 2020: Deal flow at all time low but success rates from wells drilled at a 5 year high<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.westwoodenergy.com\/news\/westwood-insight\/farm-out-market-in-2020-deal-flow-at-all-time-low-but-success-rates-from-wells-drilled-at-a-5-year-high\/embed#?secret=34ac8Gro08\" width=\"600\" height=\"338\" title=\"&#8220;Farm-out market in 2020: Deal flow at all time low but success rates from wells drilled at a 5 year high&#8221; &#8212; Westwood\" data-secret=\"34ac8Gro08\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/* ]]> *\/\n<\/script>\n","thumbnail_url":"https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2021\/04\/Farm-Outs-Product-Page-Header-Image-WEB-scaled.jpg","thumbnail_width":2560,"thumbnail_height":853,"description":"Oil companies are constantly seeking to access new exploration opportunities or to share the risk of failure with other companies on others. A common way to do this is through farm-ins and farm-outs where a company transfers some of its equity interest in an exploration licence (farms-out) to another company (the farminee) through a form of financial transaction. Often this involves the farminee carrying a share of the sellers forward costs and\/or making payments towards sunk costs."}