Looking back at the quote (Michael Stockinger stated, "I am excited to join the CGX team and look forward to working with CGX's partners on the Jaguar-1 well and to undertaking the drilling operations on the Eagle-1 well."), it seems that there is no subtle hint of "partners" as I previously thought. And why would the guy leave Murphy if Murphy is going to JV with CGX?

I think CGX is hoping that Inpex hits, the SP goes up significantly as excitement builds while Jaguar is drilled (it is supposed to take 6 months). At some point, they will have an offering to raise $60million and try to drill themselves. Why would they need a new COO if they are going to JV with some massive company who would have their own experts with lots of experience?

Just some thoughts...