Based on my previous postulations Marty I think we could see the balance tipped to a deal at various junctures but more likely :
* Immediately post Ice 2v or perhaps more specifically once they put out new internal/independent numbers.
* The next would be immediately post the next drill delineation program as it would include the conventional prospectivity.
All of this may be oil price specific (certainly for the size of the deal) but not necessarily if the margins r improved as weve been chatting about.
OR
* more likely imo any time in between these two events.
I'm of the belief if they can prove the play to the extent of being able to extract the resource to their current 17% of oil in place or better which could be shown by Ice 2v, that at least one deal will be forthcoming on the pure ability of PB to model these plays successfully as he did for CP in the Eagle Ford.
One would hope there might be a bidding war for our sakes anyway !!!
Chinese Vs BP perhaps as per Lazs thoughts.
Welcome to btw Marty
d.
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