Honestly though Newland - it's no longer PFC.
They remain the operators, but they have the minority share!
In Macintyre they now have the smallest part. We have 25% and then isnt it StatOil 65%, PFC 10%?
You'd be thinking if they do a good job, StatOil will let them progress. If they stuff up, StatOil with the majority holding will move them aside.
petrofrontier spiked today, page-74
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