I didn't see where TR said that, but will be honest, I don't keep up with every post these days. The posts I did see from TR seemed to indicate he felt the big oil companies would work hard to protect their investments and revenue streams (which I agree with). However, as noted, I don't think they will turn a blind eye to the future - rather, they will most likely develop the solutions/strategies quietly and/or over a stretched timeline to ensure they maximize current revenues.
So, with that said, I think FASC has come to the ring at the perfect time. Whether or not they can be a contender (or even just a component of) is obviously still to be determined.
I am betting on them having a play. However, time will tell.
Good luck to you.