Interesting.....but Masterman's exit might not necessarily be good news for shareholders. If he bails out - having delivered nowt - then subsequently news of poor workovers and no extension comes through, he will see himself as being 'off the hook' and onto ventures new. Why would he exit if forthcoming news is likely to be good ?.
As for the extension its anyone's guess but I suspect that the delay is more tha procedural given that its been going on for months. Without knowing the award criteria its best to expect the worst.
Not very christmasy I know, but feeling abit sceptical today !!
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