article on exxon's 'huge' find in vietnam, page-4

:)

Although I am surprised there was no mention of LNG in the article - especially if it is 8TCF+. There is no way that type of domestic market exists - even I suspect in ten years time.

OK - my next big call is this - a CR will be very very soon. I understand NEN has almost run out of cash. Could explain the lack of buyers - everyone knows it is cum CR!!

I just hope they have enough to at least get a test result out in the market before they make the placement! 30-35c CR if we are lucky - but could be as low as 25c if they don't get a test result!!!!

Unless of course that mysterious IB is going to lend them the money....