Oracoke
A well (pun intended) balanced post!
Just one point to add in relation to the Sth American pospects. It is no co-incidence that one of the key KAR advisors is Jose Coutinho Barbosa, an experienced geologist and former CEO of Petrobras.
I think, based on the way Uncle Bob handled the BP boys, he has a pretty good idea of how to get a JV/farmin deal done on fair and equitable terms for KAR shareholders.
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