the catch-22 of reserves and takeovers, page-4

Yaq

Good point...however as H has indicated before, the MOUs do not have to be in place to assign reserves to 2p..this has been a contentious issue on here before..

As much as I would like to see an MOU in July for 1.5-4MT over 20 years, i think it is highly unlikely.. I am hoping we could see an increase in probable reserves and contingent resource of between 30-60% each..regardless of MOUs

DC says offtake agreements for NLGN by 2012..this to me means Q2-Q3 2012.

Does that mean that an MOU would be signed approx 6 months prior to a GSA/offtake deal?

I would have thought MOUs for NLNG offtake by December 2011..this could be the only thing that would prompt GLNG to act

GSA with ERM needs a carbon tax so lets forget about that

FY2012...its make or break for ESG