it's a tough call . I guess it will depend on how sure ETE board...

it's a tough call . I guess it will depend on how sure ETE board is of their land , and how aggressive is there mentality ? but if you save a couple mil from existing farm-in costs then your 100% would be reduced by that much . a boat load of options for say 2-3 years out would be attractive to financiers if seismic is solid .... in reality whoever sees value for this 45 % for EMR and there $$ backers should see the same value for ETE and backers .since there isn't much cash on hand for either company ..... one thing for sure we have something to watch for over the next couple weeks .....