strategy, page-15

I'm picking it to be somewhere in NW France Moneytree. I've eliminated SE UK because of the long drilling approval process, but possibly Netherlands/Belg/W. Germany as also-runners. Don't think Denmark. All N Europe is v green politically and pro-renewables but they got a heck of a fright over the spat between Russia & Lithuania (?) over gas prices a couple of years back when the taps to W Europe were temporarily cut off. SUR's CEO has some history with both LASMO & ENI in Europe (LASMO was acquired by ENI in '01) and it's possible ENI is the major JV partner. Being an Italian major they should know their way around the regulatory stuff in W Europe. That's my current (highly speculative) thinking anyway. Good luck to all holders. I think the Sthn summer could be our time in the sun finally!