Thursday, June 30, 2005 12:33:58 PM
JDZ is high risk exploration... when XOM was willing to do absolutely anything to get operatorship of that block and 123 million was paid for sig bonus on block 1.
Remind me again how much XOM bid for block 1!! And we can see how aggressive their bidding was for other blocks too.
XOM apparently wanted things in the JDZ on their terms, and their terms only. Heck, they haven't even exercised their rights other than in block 1.
Seems we are missing a few points about the prospects in the JDZ, especially considering the beating we have taken in the share price.
Oh wait - the share price is all a conspiracy. I forgot.
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