John,
I get the impression that since the POE JV successes that Ted and colleagues have been poring over old drill data etc from Thailand and perhaps surrounding companies looking for overlooked oil - what you given your contact with the team concur?
I doubt the L20/50 and Pearl JVs are the last looking for such opportunities. What I like about this approach is that we are buying our way into new projects with technical skill rather than cash.
EL
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