RE:Put option.... Yes or No?I would think Petrochina is weighing risk on this as well. Some overhang on the put being exercised is the fact that Petrochina is skeptical about Canada's ability to build pipelines to get oil out of North America. Some other unknowns are how well they can execute the buisness plan to get these assets to production and how long it will take. FInally, it does not help that there is constant appeals to any decisions made on these projects so really as hard as it is to believe Canada is becomig a difficult place to invest.