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Re: arnim-v-b post# 254562

Monday, 03/05/2012 1:06:12 PM

Monday, March 05, 2012 1:06:12 PM

Post# of 361062
This only works "IF" there remains other major company(ies)with large pockets and, who think they want this risky environment(as even our company has stated the risk).ToTal financially cannot take on the JDZ(If they do) without financial partner(s) paying BIG money .So far If just Bio-Gas is all there is across the JDZ, it would have to be commercial in value to proceed.All we know(as reported) is that Block 1 has promise(not certainty, as 2 Major companies have walked away) of commercial oil and gas,the rest,(as reported)
well,NOT!!!
So its just not as cut and dry as you surmise ..this is my opinion.
Baz