CGX - POSSIBLE FARM OUT OF JAGUAR? Just thinking out loud...if CGX can get their act together...I believe it is possible CGX could find a JV within the next month as to farm out a portion of their 25% stake in Jaguar (i.e. Georgetwon block). With all the success Tullow has had - I think there would be many operators and independents that would jump at the opportunity to team up with Tullow.
Who knows - Tullow may take this as an opportunity to double down on jaguar. I am sure Tullow is still a bit tickled that Shell exercised their option to farm in an additional 12% from Tullow - and then boom they hit Zaedyus.
I believe CGX could strike a deal (by farming out 12.5% in Jaguar). In return, I believe it would be reasonable for the incoming partner to reimburse CGX for their share in conducting past 3D seismic and / or possibly carry CGX fully for their reaming 12.5% in Jaguar.
Of course - CGX needs to get their act together first. Heck, maybe CGX can throw in a couple of free lectures on Biomaterials..as a "sweetner" to the deal.