RE: Farm out15 Apr 2019 00:01
We all have our own views of 88e, formed from information we have assimilated and measured against our own experiences. The information has come: directly from 88e; from presentations; time surrounding presentations; our wonderful bb; other. Based on my own view, and solely imo, I think that it could be in the best longer-term interests of the company not to have a FO to a major yet. I feel there is scope to continue the next part of our journey with an appropriate company which might not be a 'major'. That much maligned term ‘creaming the curve’ does have a meaning but imo it relates to a time well into our future although in the 20th March interview DW did refer to ‘there should be some pretty significant value add events along the way as well’ (10.48). So, other evidence in that interview to support this view - ‘conventional open to a lot of other companies’ (6.55) and ‘a couple of years before we think we might be able to monetise (you know) one or more of the assets’ (10.38). As ever, VGLA