But if I Was HAYWOOD !
However; GENEL may desperately want LFD, just to stop another company starting early oil production in KURDISTAN.
Nothing like cutting the legs of all the other runners in the race; so to speak !
I have always said that LFD is a jewel in the crown; because it get you into production on short notice and get you cash flowing to buy other KURD players.
If I was Haywood; I would take LFD out just so nobody else could get into quick production.
If VAST drilling time is anything to by; then most players have a steep hill to climb.
Why spend 1 year drilling an expensive well and maybe find no oil, and then having to drill another just to fulfill the contract to hold the property. If I was Haywood; I would think this is a dream business hole; that people have themselves locked into. If I was Haywood; I would lock them in the hole and take LFD out of the game.
Anyone oil man knows LFD is a jewel in the crown.
GENEl may come in with big guns and so may others.