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Thursday, December 10, 2009 11:57:08 AM
Peter seems to dripping with enthusiasm when he is speaking about the JDZ, which seems to align quite well with what we have heard from the boards various sources. I'm sure its been discussed to death already, but he sure puts an emphasis on not ruling out selling the JDZ assets for the right price. IMO this puts the writing on the wall in BOLD..lol. Just a matter of time and results.
It seems that they view the EEZ as a completely different asset from the JDZ, IMO a good thing as it will leave a door open for a future after the JDZ.
As for the small producing assets.. while definitely interesting and positive, I'll believe it when they hire the proper personnel to run and manage such properties. Big IMO, but it seems to be a bit of a bluff to our current or future suitors.
As a whole, the gist is that there is a very large price tag on our companies assets. Its just a matter of time before one of the sharks takes a bite.
Its all good.
PS- great to hear we are drilling the optional well in BLK4. Must be something of interest there.
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