03-09-2017, 02:05 AM
CRP certification process should begin as soon as Ant 7 is completed and tested, and the process should take approx. 120 days give or take a week or so. So I'm guessing August at the earliest to hear what [if any] the payout will be. My hope is that the appraisal average will be at least mid 7s tcfe as I believe that Exxon will need at least that to secure financing for 2 trains either as an expansion of the existing plant or with Total at a stand-alone plant. But we may see nothing [6.2 Ts or less], of course, which also would not surprise me.