Sandune,
I completely agree. If you like Moby-1 (and I've seen worse prospects), then EBR is the entry of choice, as if it fails, the market will go 'ah well, it was Moby's money'.
Ian Whitchurch
This is not investment advice. PLease read all documentation and seek appropriate professional advice before investing in stocks.
And dont ever pay 3:1 for small offshore gas prospects.