Ive re-listened to it, 7-5 mins ,before the end they(coe) talk...

Ive re-listened to it, 7-5 mins ,before the end they(coe) talk of possibly farming down their interest from 50-to 40 percent.
They say the whole deal will be project financed,at 50 percent coe's gross profit per year will be circa $100 million at $ 9.00 per Pj.
One would have to think with OBL's net interests in the surrounding gas fields plus the concentrate rich gas,OBL would be the natural fit for the 10 percent,that coe wants/needs to divest,to get the whole deal done,less OBL's Shelf oil company.
The net result, OBL is sitting pretty.


Raider