CE didn't get to his position by doing things by chance. Certainly risk involved, but I would imagine a lot was factored.
The delay between the bid and offer (still haven't received my offer yet) was another well played shot.
From a MIN/ERL side they can't be deliberately holding back on the rig, but the complete lack of information is now quite concerning.
I hope the target response does have an evaluation. During the break I was thinking pre drill there was a high prospective number of 1.12TCF. The calculations in the AGM presentation equate to approx 3TCF, so I'm thinking an evaluation of approx 2 to 2.5TCF will be mentioned. I'm sure there will be many provisos in place for the number, but that number also helps substantiate a base for the NWE SP.
Every morning comes and goes and no ann. Hopefully this week sometime.
Thank you to all for your constructive and informative posts.
Mike
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