Guyana off shore makes no sense for a company this size to take on buy itself. They could buy back a third of their shares for what they have blown on these to exploration wells. And think of this, with one third less share o/s your casflow/income and NAV per share increases by 50%. And what is this all for-- a long short chance that after a billion of cap ex they can bring oil to the market 5 years down the road if they are lucky, And who the H knows what the price of oil will be then. That is why this white elephant, high risk, project isn't worth much at all. Sure own 20% of such a project on a flyier, but carrying all costs, with some deadbeat partner----forget it. They and their penniless partner have been looking for a JV for how long now? At this point, if Iwe get lucky and they can sell the second well as a stellar sucess---the best case senario woud be to farm if out to someone and give them 80% of the project for a 20% carried interest. Otherwise cap the well and walk away.