08-16-2013, 08:12 PM
Sounds like the SPA is complete. Monday announcement??
The original 'exclusivity' was entered into only for the 1st 4.6T sale talks. IOC had 'optionality' beyond that 4.6T. There is another 4.6T to sell/develop in a Gulf project. And then there is the exploration. The original 'exclusivity' did not cover all of IOC's assets and now it's 'optionality' time.
The original 'exclusivity' was entered into only for the 1st 4.6T sale talks. IOC had 'optionality' beyond that 4.6T. There is another 4.6T to sell/develop in a Gulf project. And then there is the exploration. The original 'exclusivity' did not cover all of IOC's assets and now it's 'optionality' time.

