New CEO It is interesting to see the new CEO has experience in South America.
By sidelining KH several things are likely to happen:
KH as assumed will be a board member for likely 12 months, after that the transition is over and he'll get the boot.
Retaining KH is about Impact, that's it.
Now things get interesting; AOI can re-establish a working relationship with Tullow and eat up their Guyana Block. Tullow is a floundering fish, it's upset Total and almost everyone of its partners by dragging its feet. (Their CEO has also taken the wrong turn whenever possible)
Time is money in terms of development and bringing oil to market.
I wouldn't be shocked if the Dividend is doubled and the geographical area increased.
It also wouldn't shock me if AOI merges with ECO, this would be exceptionally difficult. It would likely have to involve warrants with the merger to go though but could be mutually acreetive if Gil was brought on board