1 MR. VILD: The business of having totally separate exploratory 



2 phases and no direct link with the development and production phase. 



3 DR. TEAL: What I said was I have no idea about how it might come 



4 about, but the notion in New England, and it was discussed very 



5 extensively at the time of lease sale 42 and the court challenges that 



6 went on at the time, they talked about it as selling a pig in a poke. 



7 A lot of people object to that idea. I accept what you say about 



8 the industry, obviously I have to accept it. We all recognize that as 



9 being true. 



10 I'm not saying that it's possible to do, but I'm saying that being 



11 able to decouple in some way so that the public knew that they were 



12 selling gas leases with--[word unclear] gas on Georges Bank, suppose 



13 that is what is there, would be a very different thing than selling 



14 leases without any knowledge of what is there. 



15 That's all I'm saying. 



16 MR. LANE: Any last questions? 



17 MS. HUGHES: Jim, I just have a proposal. Some of us were talking 



18 earlier in the day and I wondered if we might, as a group, talk about 



19 compressing tomorrow and Thursday's discussion into tomorrow? 



20 I wonder if we're not far enough along today to take the afternoon 



21 discussions of tomorrow and tie them to the discussion of the individual 



22 hypotheses, and then tomorrow afternoon do our summary and 



23 recommendations so that we might all be here one less day, basically. 



24 Perhaps save some money and make it a little more efficient, I don't 



25 know. 



26 I throw it out for people to talk about. I wonder if we can, as 



27 participants compress two days into a day. 



28 MR. LANE: There are a couple of ways to approach it. I guess we 



29 were thinking that there was going to be a good deal more discussion and 



30 dialogue in the sessions tomorrow and I suppose we can just play it by 



31 ear and see if that works out. 



32 Otherwise we could take a vote of some sort and determine whether 



33 that's the preference of the group and go towards that objective. 



155 



