TheGlobe.com Inc (TGLO)

[Eagle1]

Who is getting excited here about the potential?

Thanks North for the great DD.

We've now heard a lot of info in a very short amount of time which is getting me excited.

-DOE Progress Report highlighted the near completion and submission of the application to the EPA for the offshore emissions permit.

-The indication that Delfin has complied with all MARAD conditions and guidelines and is awaiting their final deepwater port license issuance once "financial responsibility" is proven. The license is expected "very soon".

-A four year FERC extension for the onshore facility is now granted.

-LNG Prime article today states, "Delfin also negotiated a binding engineering, construction, and procurement contract with South Korea’s Samsung Heavy Industries and US engineer Black & Veatch and said that it expects to sign this deal by September this year".....Very possible this deal may have already been completed.

- We are also awaiting the HOA conversion from Devon, as well as an update on their possible increased involvement with Delfin. As well as MOL officially taking a board seat with Delfin and updates on their involvement.

It sounds to me like the FID announcement is imminent and their final official govt stamp of approval will come with that announcement.


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