Can they be shopping for a buyer? any chance EW is just buying time by saying ex-7 is not commercial while they shop around and look for someone to buy them out?
NIS claims it's commercial, doesn't that give EW a little more leverage to bring its Romanian assetts to some bigger oil companies and try to sell it off to them.
Maybe NIS hasn't offered a buyout? So EW might be presenting its package for sale to for example Mobile, BP, or whoever is in that area.
I just can't see why it would get tossed away and NIS takes all. It obviously has value so what are they planning?