EXPM:MXMSF - Post by User
Post by
souwesteron Mar 07, 2008 11:43am
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Post# 14614505
A whole new world....
A whole new world.......for Maxim, with this comprehensive approval. EMA approval in Trinidad is slow and difficult, so this go ahead should raise some eyebrows and interest, and also could perhaps interest others who might now want a piece of this deal (total speculation on my part). This establishes the basis for moving forward in a big way in Trinidad. Also, the government in Trinidad is moving forward with tax incentives for explorers and small producers, which should help Maxim.
I also think the other deals are perhaps being overlooked by the market, given the focus on Trinidad. The Gulf is producing, and natgas is ready to rally, so the Gulf is VERY important IMHO. The Texas and East Coast deals are also of significance, with some production and also future JV and exploration potential.
All just MHO.