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Saturday, March 27, 2010 4:41:27 PM
With respect to Total, please keep in mind that Pioneer and Noble were game changers too. Then Addax and Sinopec were game changers. While I truly believe that Addax and Sinopec were indeed game changers in the JDZ, none of these companies have been game changers for the ERHE SP. Maybe Total will be a game changer, and maybe this is just part of their long term strategy for growth. They may not be in any hurry to get to production (see Chevron/Exxon for examples).
Total is just the newest thing for the board to stew over. Long term their interest is great. Short term, not sure it means anything for us. IMO
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