08-14-2013, 01:42 AM
I suggest investors take the opportunity to reread the conference call transcript and reassess their conclusions. Dr. Hession acknowledged discussions with the PNG government and came across as supremely confident about monetizing PRL 15 following Exxon's positive commentary on deal progress. The last time investors reacted emotionally to Dr. Hession's comments published in an article upon his joining the company, the stock swiftly rallied 20 points within a couple of weeks. I anticipate this pattern is about to be repeated but with a greater magnitude.
