"and OBL farms out then REY might end up as operator because of...

"and OBL farms out then REY might end up as operator because of obl's dilution."

You can be a minority partner and still be the operator.

"The estimated gas is huge and potentially extremely valuable."


Yes I agree, contrary to the disaffected cadre's pathetic enough of the legal stuff,we are playing for circa 16 trillion ft of gas.

a lazy $90 million dollars worth .


http://www.haaretz.com/print-editio...al-gas-reserve-said-worth-90-billion-1.334143

"In any event, 2015 will just see seismic done and a process of approvals"

I dont see it that way at all,theres a definite possibility of two wells been drilled,for some "quick" Tapas oil.


Raider