Hession Gets Options

[Stavros]

Now that IOC has at least a 1T discovery, am I wrong to assert that Hession now qualifies for his options bonus that is in his comp plan?

[Palm]

Hard to tell. The comp plan does not define at which point it happens. To me it should be when that T is monetized; that's his real charge. Monetize the assets.

[kkozkkoz]

Maybe when he states it publicly.  Therefore he will never get it. (LOL)

[jft310]

Which way is better Phil M saying $4-5 dollars per mcf or Hession's under promise approach.????

[ArtM72]

Which way is better Phil M saying $4-5 dollars per mcf or Hession's under promise approach.????

I hate false choices.

[Stavros]

I believe in "Truth, Justice and the American Way"

Let's ride, Tonto; Hi Ho Gold

Both JFT choices are off the table

[CAC]

jft310' Which way is better Phil M saying $4-5 dollars per mcf or Hession's under promise approach.????

*********

So, JFT, are you indicating you approve of a conservative approach that minimizes overly optimistic public statements about IOC?  I literally cracked up writing that last sentence.

The market must assume all oil/gas explorers are full of shit by nature. If there was any feeling that the Pacific Rub CEO was credible with his statement about 10 new T's at Raptor wouldn't the pps be up $20 today? It didn't even move the needle.  I have no idea what it will take...

[jft310]

Driving out the volatility is beneficial to long term investors . Defined in years not days .

[ArtM72]

Driving out the volatility is beneficial to long term investors . Defined in years not days .

"Driving out the volatility" as in "leaving the market open to speculate on drilling results"?  Gotta work on that logic.

[jft310]

Raptor and Bobcat do not have a monetization vehicle yet . Not impactful .
For proof read the analysts reports the experts who state the major catalyst is the Total payment which drives us to $113 per share each new find outside the Total area adds $10 per share in time .
All the analyst agree on this ant 4 and 5 are the catalyst for the monetization strategy and total payment . We need those results which are per OSH due 1st quarter next year.