07-22-2016, 08:57 PM
Here we go again! Always the same issue but hidden in the wording. Exxon deal cuts off the upside at 10 TCFE, but includes the must have of drilling A7. If you think they do not already have a good idea of the gas in A7 we deserve to be ripped off. MH and many others have stated several times in the past how big A7 and the rest of our licenses hold. That is why we are capped at 10 TCFE. Exxon knows there is at least 12-15 TCFE in discovered gas already, not even counting the rest of the acreage. I also believe Total has a prepared bid ready to go at a moments notice. I just do not know where the slight will come from that will get them to put it in.