Andy, on December 11th, they were in Lousiana enquiring about tranche's available and ownership details. They cannot have failed to have noticed MRPs interest.
Sey are I believe also interested in North Theall Heirs #1 exploratory well located onshore south Louisiana. Sterling has a 34%.
They have also executed a letter of intent to participate in a 25 well Austin Chalk horizontal well programme in the central Gulf coast region of Texas
They are not averse to hostile takeovers though, as the Fusion Oil scenario proved, but I'm not suggesting for a minute they will bid, and I hope they don't, although any takeover would really have to include agreement by TM, having such a wad of shares personally.
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