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Post# of 362263
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doug c

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doug c

Re: TopShelf post# 109449

Tuesday, 10/09/2007 5:19:26 PM

Tuesday, October 09, 2007 5:19:26 PM

Post# of 362263
XOM exercised their 40% preferential right in Block 1 I believe. They could have been operator if CVX didn't bid so high. They couldn't have known (I think) what the other bids were going to be so they must have known that it was atleast POSSIBLE that they wouldn't be operators.
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