from quarterly, page-7

another big anomaly from the QTY is the hedge in place.

you would usually hedge once you have reserve classafication(something in place)

we only have a discovery with no size estimate as yet and no sales.

strange.

also connecting to Songo Songo would be a mere formality, but the lenghthy delay in this process makes me conclude that Songo Songo pipleline might not be enough to satisfy the Kiliwani discovery. Hence something much larger.

The Key here will be the upcoming Seismic.

Things can turn on a dime within a short space of time.

makes sense don't you think.

regard