RE:Re SilenceNot saying that this will or won't happen, but if FEC does a share swap with CGX at price $X, would that not hinder them when they need an operator or major partner for development of the block? Most certainly the price $X would be a function of the future farm-in price, so it would seem FEC would be awfully short sighted to do something like that.
FEC has a significant opportunity where they have a portion of the block and own shares, essentially two ways to capitalize and control their fate. Of course there is always a caveat, that depends on the product in the ground.