Tuesday, June 14, 2005 12:42:57 PM
I do not see such an announcement causing any significant increase in our pps, at least for the near term. Any possible additional acreage in the NEEZ will be minor compared to the unbelievable acreage we have already won. So, if unbelievable doesn't do it for the market, unbelievable plus a little more won't either.
We need forward movement on E&P and ultimately proved reserves. That happens in the JDZ before the NEEZ, so again, I don't think it helps our price much, if at all.
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