Speaking to explorers and bankers at a round-table event inLondon, RBS structured finance boss Andrew Anderson said the bank has beenconsidering the new financing model for the past year and has already floatedit to a few company representatives.

“We would invite say three or four companies to pool some oftheir assets into a new company, a new legal arrangement with joint and severalliability,” he told the gathering hosted by the Department of Energy andClimate Change’s PILOT oil and gas task force.

“The