quarterly disappoints, page-18

re: quarterly has some positives H, Thanks for the compliment mate. Even 618.5 (my other half and now my fiance) has openly resigned to being my second wife! :)=

Regarding Block 7 gas prospect, that was exactly my point (in my original post) about this clearly being the work of GdF. They aren't mucking around like those useless "richard craniums" from Woodside.

The one thing we also have to bear in mind is the fact that there will only be ONE LNG development in Mauritania. Given the enormous capex required, the two JV's will come together and share a single LNG plant (possibly with multiple trains) close to the central blocks of PSC A/B. This will allow gas from Block 1 (Faucon) all the way to Block 7/8 (Pelican/Flamant/etc) to be piped back to the processing plant. Some agreement will have to be reached between Dana JV and Woodies JV with regsrd to cost sharing agreement, etc... but what's my point?

If Flamant comes in, and an LNG scheme is put fwd, we're not just looking at 180mboe, we're looking at our share of Banda/Pelican/Faucon as well.... what does that come to? It's about 2.4TCF+1.2TCF+5TCF (excluding block 7 prospect) = 8.6TCF or 1.5 billion bbls equiv. Assuming an even 20% stake... that's about 286 MBOe net to Hardman. It'll be 7-10 years before we see first shipment, but heck, I'm not going anywhere!! ;-)

618