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re: guyane - 618 The reason that I think Exxon is the most...

  1. 275 Posts.
    re: guyane - 618 The reason that I think Exxon is the most likely farmin partner is articles such as the following -

    Exxon Mobil projects $20 billion capital spending
    http://biz.yahoo.com/rb/060308/energy_exxon_capex.html?.v=4

    and

    Exxon to Lift Output by 25 Percent by 2010
    http://biz.yahoo.com/ap/060308/exxon.html?.v=13

    Exxon is getting severely criticised in the U.S. for making big profits and failing to reinvest in finding new reserves. If they are not careful they will get slapped with something like a windfall tax, so they need to be seen to be doing something constructive.

    A new oil province in a politically safe country, close to the U.S. sounds ideal to me, I just hope they and Simon are thinking along the same lines.
 
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