Well, now we have until June to hope that Joint Oil will approve the farmout for Sonde and Viking. I am not overly enthused about these latest (unspecified) demands by Joint Oil in what I hoped would be a more clean cut agreement.
I have reached the point with this stock that it makes little difference nowdays...you are right joint oil has the catbird seat and as usual we hold nothing...the only good thing that i see is viking is still willing to move with the project.
The most positive aspect of this farmout with Viking is that there are proved reserves in the well SOQ drilled on the offshore lease they hold. It is hard to tell if Joint or Viking will resolve any issues they have between them. This entire deal could blow up and it would not surprise me, but i hope it doesnt. Regards