12-10-2013, 08:00 AM
Mike, it has always made too much sense to me that for similiar $$$, Total or someone else could buy all of IOC and keep the exploration upside. I'd be disappointed in $100 considering the drilling that's to take place over the next couple of years. However, for the same reason, if I'm an acquirer, now is the time to buy out Interoil. Even at $120, there seems to be massive upside if E/A certifies at GLJ numbers and just one additional prospect becomes another E/A type resource.

