bm;  Anything is possible of course but the nearer we get to fair value the less I think that GENEL will be a factor.  I cannot see them offering attractive terms currently and a lo-ball from any bidder would be resisted fiercely.  The attractiveness of the Kurdamir asset is certain ( IMO ) to increase near-term and is on the radar of those with deeper pockets.  In any case, I do not see the major WZR investors acceding to any acquisition before end-2014 when there is likely to be visibility on fair value; exploration program nearly complete and with Kurdamir and Sarqala / Hasira / Baram / MQ better appraised.  When Garmian is appraised then GazProm takeover the operatorship and what do the management of WZR do then - twiddle their thumbs ?  That would be the time to sell.

Looking forward to K-3 and then Baram-1.....