Perspective differs :-)IMO, I could not have hoped for better...

Perspective differs :-)
IMO, I could not have hoped for better solution. Hope that BHP signs a formal agreement for the same without any issues.

I am suprised that they gave fist preference to Hawkeye and it was a sweet surprise to me as I always believed Hawkeye is better prospect than Cinco mainly because of OIL + Gas. If 3-D seismic is anything to go by, Hawkeye and Cinco are for sure company makers and any commercial hits will surge SP beyond we expect. Add to that, if Otto holds W.I anything more than 40% is a huge plus. Even 1% change in interest could make a huge difference if we are to have OIL+Gas. It is very rare that you find a prospect (3-D seismic proven) with such huge potential and diverse (7 targets already identified).

If they can pull farm-in partner and work out a deal with DOE for extension, I am sure SP will recover for better. We have faced so many hurdles w.r.t SC55 so far and hope Management does not let us to suffer anymore in delay for SC55 drilling