Ann: Magnolia LNG Signs with KBR, Initials SKEC EPC Contract, page-22

I think we can all agree that entry of KBR into the EPC execution further de-risks the project. They have greater LNG resume, technical resources and larger balance sheet (compared to SK EC USA specifically) which I beleive elimantes any percieved execution risk by the lenders.

Also with Bearhead moving to FEED you potentially have some 5 plus years of EPC work at 2 locations.

While the annoucement doesn't have the "big bang" that bidding BTA's will have it goes a long ways in supporting the drive to FID.

LNG management needs to drive KBR and SKEC to deliver on finalizing the pricing and contract