As former Exxon I can tell you we walked away from a lot that...

As former Exxon I can tell you we walked away from a lot that has worked out very well for other companies. We almost walked away from Guyana (inserting laughing emoji here).

you’ve got to remember also, supermajors have a huge seriatim / ranked list of projects globally, and it’s easy for things that are otherwise good to make it to the bottom of that list and drop off the list when there is so much competition on that list. Only so much capital can be spent on exploration at a given time.

Mobil (pre-merger) probably made the right call at the time, but not for today. It was assessed as a gas-prone basin in the 90s, and I can’t imagine gas in a country with minimal supportive infrastructure and high sovereign risk would be very accretive to the companies global portfolio at the time.

What IVZ have right now, shows huge potential