I disagree: I suspect IOC retains all of 237 until the seismic is done and wells are drilled to delineate. They'll want to maintain max equity going into unitization. I wouldn't put anything into the "monetization" comment from PRE ... except that the efforts at E/A are laying the ground work which will most certainly expedite LNG recognition from Triceratops.
HOWEVER - if the E/A SD process contemplates a company like Total also getting a chunk of 237..that's a different story.
HOWEVER - if the E/A SD process contemplates a company like Total also getting a chunk of 237..that's a different story.