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Re: Krombacher post# 222685

Thursday, 09/16/2010 4:39:17 PM

Thursday, September 16, 2010 4:39:17 PM

Post# of 362702
Krom,

As I said previously, the % that I gave are for the entire JDZ (1-4) so, yes, there really is 14% of the JDZ up for grabs. The actual % of the Block that each of the exiting firms holds is different then the numbers I gave. ONGC has 13.5% of Block 2, but by leaving is making available 3.4% of the entire JDZ.

Does this make sense?

-ach