Timing and arrangement

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Good question Margeret!

The timing will be sooner rather than later. However, it depends on a couple of things:

1) The nature of the deal struck between us and Texaco, and

2) the nature of the deal struck between us.

We'll be able to discuss the first in more detail after our meeting on Wednesday.

wrt the second, I have an open mind as to what arrangement we make amongst ourselves. The bottom line is that this is a business venture, meaning it has to make both financial and organizational sense.

Burnt Sand's culture is one that is entrepreneurial, encouraging success by sharing risk with reward.

Marc

-- Anonymous, December 04, 1998


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