For those without DJ Newswires access, '....BOW hopes to clinch an offtake deal by mid-2010, and early negotiations have included the possible sale of an equity stake in its reserves'.
Also BOW expects to beat its end-of-year goal of 750PJ of 3P maybe by up to 33%. In other words we should see 1000PJ of 3P by Christmas.
Interesting that he mentioned the $5 per GJ as EL pointed out, seems to me that BOW made have had some lowball offers for its gas.
s.loeb
BOW Price at posting:
$1.48 Sentiment: LT Buy Disclosure: Held
