Monday, January 30, 2012 10:22:27 AM
what matters is that they follow thru on their latest pr release and that the news is very forward looking filled with potential and likelyhood of a partner.
I would love to see them anounce a 5 or 6 tcf as that would more likely secure the investment needed by a partner. I think there will be hesitation at "just" 3.5 tcf, considering the large investment/risk.
So when people on this board say they expect an american partner are we talking CHEVRON who has a piece of the malampaya project?
I agree with you Downside that a partner is waaaaay down the line but i could see most deals going down behind closed doors as something like this " if you can get the security of this investment by the us govt. naval fleet then we can commit to the deal/investment in the reed bank......." or something to that effect. I think the corporate funded presidents, including Obama and the congress, have favors to pay back. It doesnt hurt the us to have a base in that part of the world either to keep China from throwing its weight around.
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