Re: possible players
in response to
by
posted on
Oct 19, 2009 08:16AM
Edit this title from the Fast Facts Section
Zibo makes some great points for Tullow and i know Sully has a good relationship with them just from the way he talked about them at the agm.
I would think Tullow and Exxon are neck and neck and Petro China right behind them.
The reason I put Exxon right there is what i have been reading about them. Not just the article i mention in my last post but a few more in the last couple of months. The jist of those articles describes a company wanting shore up their reserves. If u look at the map of offshore guyana u see Exxon all around and cgx would put them right in the thick of things. It would be the 'jewel' in their 'reserves' crown so to speak.
From what i've been reading about petro china is that they have 'gobs of money to spend ... and they have no problem spending it. They just might spend/go the extra mile to establish that foot hold in off shore guyana.
I cant stress enough how much i think cgx is hitting the jvp market at the right time. The rising price of oil, 'great' 3d results, HUGE potential and several major players interested ... IT"S ALL GOOD !!
It's just exciting as heck to watch all this unfold. Several strong deep pocketed suitors means one thing to cgx ... a great jvp deal ! I would go as far as to say, it just might set a new standard for jvp deals.