IMO I think the real value here.. and real value to the majors is the fact that we own a large slice in ALL blocks. I have a gut feeling the blocks will be linked and the only way production will be viable is for an entity to own a large chunk in each.... hence our catbird seat.
Also... you can call me a crazy bstrd, but I will make a shot across the bow and say that the 500 million bls is "our" slice of blk4 (at least). That would be kingmaker in my book.