Operatorship means nothing.  I guess the krg could have given the 'honourary title'  to gazprom and taken the heat off of wzr mgmt (allowing them to point the finger at their big brother when facing questions of sloth) but yeah...how exactly has 'operatorship'  benefited wzr holders?

Aside from that and looking back at those valuations i did here:

http://www.stockhouse.com/bullboards/messagedetail.aspx?s=WZR&t=LIST&m=31981297&l=0&pd=0&r=0

It seems that our oil is now being valued the same as snm's (60 cents/barrel) while in reality, (taking psc, wi etc into account) $2/barrel would be the takeover value.   In non-bizarro world our sp would be $3, considering these updated contingent resources.