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I would almost certainly say the drawdown has nothing to do with...

  1. 478 Posts.
    I would almost certainly say the drawdown has nothing to do with Texas. 3 million wouldn't buy much additional acerage there (considring our 20/25% is worth $106m, that implies the full thing is worth close to $500m...so 3 million pounds wouldn't even scratch the surface there.

    No, it's to do with a JV partner or an increase in Trinidad. At a push, maybe it's what we're paying to the government to gain offshore rights.

    But something big is happening, and it's going to happen soon.
 
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