Percentage Clarification?

[SamAdams]

If you want to be negative, then TOT has to deal with OSH/IOC for thier share and perhaps they want the same deal as OSH, which takes away the upside $ per mcf for IOC over 7Ts.  I don't foresee that but i guess its possbile.  To me the worst case is XOM sliding in and you know they would want the lower $ per mcf.  I agree with JFT and other is that the big value is 30% in a 2 train LNG plant with TOT.  They may not end up with that if XOM forces their way in.  I dont' see that happening though.  I think TOT/OSH is a nice counter balance to XOM/OSH  and tjhe current deal on E/A is a great buy for OSH and should be positive for IOC  Depsite the uncertainty the stock seemd to act well today.  I agree with other it might be much less interesting to play with from the short side here.  i would think we might get a delay in the close of the TOT deal while this all shakes out and that could be a ST negative, but that is the only real potential negative i see.  Not predicting that but its possible.