DR cannot give price sensitive info. I do think piast is correct...

DR cannot give price sensitive info. I do think piast is correct however.

1) Petroseychelles has positioned itself correctly to remove WHL if they cannot produce.
2) Petroseychelles would not just give DR an extention without positive potential information in favor for Petroseychelles
3) the potential farm-in partner has to be a good company because there is a lot of other countries to want the ability to speculate in Seychelles.
4)Speculate that the future farm-in will be a proven Gas and Oil production company. May not be in the top 500 companies anymore.
5) The potential farm-in is in the bargaining position over WHL.
6) Negotiations must be close (before March). Otherwise other companies could take over.
7) Petroseychelles is probably driving negotations to make sure the potential farm-in will provide 3-D giving farm-in more negotiations in future with WHL to get the job done.
8) Drilling and 3-D equipment available will be important.

Still buying.

Bob