Can election go too well?

[petrengr1]

Bam/Admin- I believe the dye is cast. The sell down process will continue and will be finalized shortly. I think each major discovery will probably have a Major as a partner and will have its own infrastructure. The proposed pipeline from Elk/Antelope will not be large enough for much more than Elk/Antelope, so an additional pipeline(s) will be required. I suppose they could just expand the CSP at Elk/Antelope but as I have explained many times before I think it is important to have the CSP near the Major Field Discovery so I would expect to have another CSP at Triceratops. (And another CSP at Tuna and another CSP at Wahoo/Mako if they are discoveries) I do not believe that Phil has any intention of selling off all of Elk/Antelope (PRL 15). He made a statement at the AGM that to sell off all of the fields as they are discovered is just a way of going out of business. His plan is to sell off as much as necessary to get the fields on production and to retain as much as possible for the “long term” benefit of the Company and shareholders.