I think the management is incentivised. I'm sure an ex Exxon...

I think the management is incentivised. I'm sure an ex Exxon manager could get a bigger salary elsewhere. The only way this pays off for these guys is if the options and their private holdings come in.

I wasn't thinking that the board needed to go if this fails to meet schedule targets but that the board and senior management need to make sure they have the right people on the ground.

In my opinion the liquidators will take care of the rest of we are an oil company that can't drill wells....

On the upside, you can't be sued if they lose control of the well. The management and board can.