02-17-2015, 03:37 AM
'Tree' pid='55098' datel Wrote:Importance is this. Doesn't matter what you say the top is when no one will pay you for it upfront.
IOC/GLJ estimate was not saleable. Best deal possible was 5.5T accepted by all with upside compensation paid by Total. Proving out GLJ+ through recert validates IOCs modeling and proves the genius of Hession for extracting upside bonus. Big gain today for IOC with this news.
I can live with that 

