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Monday, July 07, 2014 9:15:38 AM
1) Before TC has tested it to confirm that it is an excellent piece of must-have technology, why would another midstream operator jump on to throw money on their own pilot program, when TC has already paid and is doing that up front for you? Why not ride the coattails of their risk?
2) Didn't someone say that at the shareholder meeting, Gregg or someone else mentioned that there was a general understanding between STWA and TC that TC would get first exclusive right to use the AOT, and only after the pilot was concluded would other STWA sell or lease the product to other companies - but of course, in the intervening period, STWA and its other clients could do tests and cooperate in various ways, up until making the orders.
Can anyone weigh in on 2). The first point is just me thinking out loud.
About it being moved: yes, it could be to test it on other types of oil. It could be because it works really well and they want to test it in other conditions. It could be because it doesn't work very well, they want to test it in other conditions. What I"m asking is, how can we eliminate one of those possibilities?
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