12-07-2013, 07:02 AM
'Thylacine-2' pid='33291' datel Wrote:The elephant is not a discovery yet. It's still a prospect. If it is a big discovery we get more than pennies. We get "certainty of development" (Hession's goal) in an LNG project in which we own 30%.
That is a good point and one that I forgot he mentioned the "certainty of development". I really thought E/A alone would be enough for "certainty of development" but getting 30% of production on 10 additional T will be nice...unfortunately not for another 5-6 years.
L Ron Rules!