Reply to "For all the jokers who say let's squeeze Exxon some more, READ AND SOBER UP!!!!"

ksazma posted:

I still don’t see what this has to do with Guyana getting screwed through a measly 2% royalty. Plus Guyana PSA will also be devalued by that 43%.

What risk did Guyana take in this endeavor?   What contribution did Guyana make?  

This has everything to do with what Guyana gets. It means the ROI came under pressure in terms of commodity price and recoupment window! 

Something has to give for the numbers to work, and usually is the party with the least risk!

2% on a big number is a good deal when you never had anything to lose!!

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