There is precedence for US players to put a siege mentality in...

There is precedence for US players to put a siege mentality in place with regards to junior JV players...

Imagine:

1. Major player wants all the play
2. Major player knows they can drill ad infinitum to prove up more and more
3. Major player knows junior players are on a timeline for production.
4. Major player keeps on with exploration (which needs to be done anyway)
5. Juniors SP slips away until such times as major player swats them out of the way.
6. Refer Step 1.
7. Major player now has all the info and no need to split the play.

It happens, lets hope ADI can be last man standing in the juniors. We may get a piece if the major player is happy with disposing of the majority of the juniors.

I reckon overall, curtains for EKA and AUT on this play though.

Thankfully ADI have other irons in the fire, but it will be a kick in the guts if they have to relinquish the US play.

Remember, this is oil and gas. Not tea and scones.

If the groundhog days are getting to you, go read "Titan", a biography on John D Rockefeller. Will give you an insight into the founding and ongoing principles of the 7 sisters oil companies, split from Standard Oil by the US Monopolies Commission. A compelling read.

Agent M...you'll love it :)