Gv,mm and agm, page-2

Maybe the want to keep a really low profile until FERC NTP & DOE NFTA approvals go through. After all they were fairly certain at the road-show in the east that it would happen by end 3Q 2016. No criticism intended because I don't think even the regulators have a clue on timing. But when they do, I am betting that things will speed up somewhat including BTA's.

Likelihood of POO going up another US$10 or more with recent OPEC moves will, I am guessing, increase shale oil production in USA which will increase gas co-production there to, bring the gas price down in USA and encourage BTA prospects to lock up GSA's at lower prices than at present, which I think will be good for Magnolia.