RE: Oil Majors: I like this company. But I believe that grh is not quite accurate on Azimuth's commitment. It gets a 20% share of the oil only based on carrying 40% of the $25million 3D program, not the drilling costs. So basically Eco gave up 20% of the total field for $10m. To fund the rest of the 3D program only, at the same rate it would have to give up another 30% of the fields, leaving it with only 40% of any resource extracted, but it has to bear all the costs of drilling... This company needs to be taken out by a company that can fund some of these operations itself, so that it doesn't have to give everything away just for a little cash.