Hi MF,
You're right, PRE should not be counted out. But, my gut tells me that Tullow-Shell will JV with CGX on Eagle Deep via their new venture - Tullow because they are all over the area, and Shell because of their experience with Abary. I would also love to hear that Inpex is JVing on Crabwood and the other Albian play, and that CGX is going alone on Eagle Shallow.
I may be completely wrong though. (God knows, it's happened before!!!)
Love you optimism: "a sure thing". Man, I hope you're right.