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Re: PatD100 post# 2908

Wednesday, 06/21/2006 11:50:41 PM

Wednesday, June 21, 2006 11:50:41 PM

Post# of 28061
Pat, orgin, longs, re: the questions on PIP and EDEX. I think you will find that EDEX has a privledged position/relationship with the owner of the PIP and therefore the product. But it doens't have any rights to it. Going forward its nearly a first right of refusal on opportunites they discover and likely because they enjoy a 20+ year relationship. There something in it both both sides of the team - discovery, funding, operations, etc. I'm told the PIP developer is not interested in being a small fish in the big International O&G Corp pond but rather a hands on guy who sees the benefit to his efforts - and if he is as successful as wee all wish, he won't be wanting for lunch money!

I too enjoyed my visit to their offices and it is as Pat describes. I'm enjoyng the ride so far!

Tom's interested in hitting home runs instead of singles whenever possible comes from his baseball days. I like homeruns too!

GLTA, zagdad

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