06-07-2013, 05:28 AM
Great post. I look forward to seeing that press release!
Regarding point 7: Reserves booking will be an issue if we do not get ownership in the 3rd train of LNG. I believe that only that gas that is FID'd as part of the train will be booked as proved reserves and the net reserves booked will equate to the ownership in the LNG. If we are purely selling the equity in the PRL 15 and do not participate in the LNG, then no reserves....except for the liquids in the CSP part.