> He is a great promoter but in the end you get caught out by fundamentals and make wrong decisions. (3rd frac ? )

If they didn't do the 3rd frac, what else could they have done with the money? Exxon HAD to spend $50 million in order to conclude the Initial Work Program. In addition, we also know that Exxon simply recommended that testing should be stopped. There is absolutely no evidence whatsoever that they were angry and upset that they had to do it in the end.

The decision also had to include MOL, which means MOL must also have thought it was the right thing to do.