bid over $2.00?, page-5

No, they won't accept it. David Casey is already on the record in December as saying ESG was worth over $2 billion, based on the 988PJ of 2P. This will increase before the fun is over.

I am very happy for you to cut and paste these words, and throw them back in my face at the end of the process.

The winner will have to pay more than than, because the underbidder will be willing to pay more than that.

Not only that, you can expect ESG to now release all their discretionary releases - current high flow rates, and they will be looking to release the current 2P reserves, after the last 3 months of flows.

Y