re: Ann: Goldman Sachs retained to seek buyer... The gross potential Resource and potential recoverable resource are bigger than Ben Hur! Plus our 1P 2P.
"this is a very large,long term asset of high quality"
A lot of explorers are spending big big dollars to get to where Marion is atm -all with a view to the long term.
As stated a lot of options have become available to the board besides an outright sale.
I quite like the idea of a strategic partnership-plenty of big co's licking their lips I would imagine.
200 drilling locations over in excess of 40,000 net acres sure beats floating round the oggin in search of deep water deposits imho,especially with the infrastucture in place to get gas to market.
Does it get any better than this?
If there is a negative I am dammed if I can see it.
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