InvestorsHub Logo
icon url

Lickety Split

04/30/10 3:28 PM

#212569 RE: emdyal #212568

emdyal,

I would count on the longest possible timeline for decision making. My thinking is that ALL EYES will be on the GOM disaster, and the operator liabilities and litigations that are already starting to come out of that tragedy. Couple that with the EEZ auctions and there is a natural need to procrastinate as long as possible before announcing a decision. I also think the latter will be more of a concern to the smaller potential block owners for minimizing their risk (read: sellout).

Strass - Only my thinking.