Upfront Cash vs. LNG train stakes

[jft310]

I agree with Tree less cash is good and LNG train participation is the best IOC solution. I see where OSH and TOT teamed up to bid on E/A per Blair Price. Logic says they will bid again after the Exxon SPA and when their CA is released. Further appears Exxon really needs the IOC NG and expect a bid to counter OSH and TOT. May the biggest/deepest pocket win! My real vote is for IOC to survive.