.....regarding Magy1? AFAIK that well didn't turn out to produce at economical rates? How is FO going to change that and at what cost.......

..........Magy will save us from doom, but just how do you think that falcon will do this?, to make a go of it, we need a significant production number coming from there (oil and/or gas), we have not seen that yet...

Rompp, I asked a similar question yesterday too. It is not that you are being ignored, rather it is quite possible that nobody has an idea. Maybe we will learn more when Falcon gives a press conference or makes a news release available to all. If someone had an inkling on how magy can be turned to production, we would have heard it by now, or at the very least the market would reflect that it is possible for Falcon to that on its own. I think that everyone is pinning hopes on XOM going to phase 2 as a blue sky scenario. A second scenario is that Falcon sign up a second major company for 100% owned lands. The latter is very unlikely before XOM announces its intention to proceed to Phase 2.

db