06-07-2013, 05:10 AM
Thanks ltinvest and this is excellent stuff. I just want to be ver clear, you are saying IOC will end up with $5bln +/- in various forms for thier share of the 33% to 50% of PRL15 XOM is buying? I am assuming a pro rata sale by the license owners. This bridges the gap between focusing on $ per mcf and total $ recieved. Rough cut obviously. An upside to resource estimates after recertification is icing on the PRL cake.

