Was at SF Hard Assets show this weekend and while I didn't hear specifically about Oromin from anyone, some remarks by Laurence Roulston gave me a strong sense that this will be taken out in the next 3-6 months..  M&A activity in the space is going to increase in the next year but one common holdup is permitting - majors aren't going to sink $ into anything until all the t's are crossed, i's dotted, etc.    They are being more conservative in their approach but they need the ounces, without a doubt.