RE: RE: RE: Wait and see......My gut feeling is that LFD is bidding on a new block here and trying to pull off the same thing in essence that VST has already done. Surely they will need a senior operator like NIKO and indeed it may even be NIKO coming in to operate another block. The relationship is firmly in place because in essence the management of VST is LFD. The 20% everyone keeps referring to in the VST/NIKO situation is probably being held for the National Government as their share, at least that is how I read things. I highly doubt LFD will be part of this particular play and are working toward obtaining a totally seperate block, but stranger things have happenned. Hopefully the signed PSA announcement will be made soon with an announcement of them securing their block. If you look at the Map there are still a considerable number of blocks up for grabs in the Kurdistan region.