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Longtermers ramble, page-34

  1. 904 Posts.
    WN.
    Yes.FPSO as soon as possible.Cop,Binding Agreement to WPL,we don't know the terms or the time frame of the binding Agreement between Cop/WPL and how far they will go to defend the sale.
    Testing of upper sands needed to prove reserves & provide strengh for Development funding.
    This is not a tight JV anymore.It is hostile.
    Big fish trying it eat little fish.
    We need that 50 % so we can secure a deep pocket,or then sell for the right price and get out of dodge before the going gets really tough.

    Inmho
    Kimbo
 
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