gee Energiseme - you really covered some ground in THAT post! LOL - Commsec icons - alleged Commsec incompetence - alleged Govt Dept and Large Coy incompetence - 59c cheeseburgers - McDonalds Drive Thru check-out chicks service - Aust construction cost international competitiveness - Browse LNG project - Leftists - Australia with no power and being "left in the dark"!
Ha - a good read for a quiet day.
Mate - you must have only received the usual leopard skin underwear and purple tie for Xmas presents? LOL
Did anyone see that EXE (Exoma) announced that their Chinese backer CNOOC and J/V and (maybe s/h?), was not given permission by Chinese Govt to aprticipate in a further investment in EXE permits in Galillee Basin !???
its is of passing interest to me for two reasons: - I cannot think offhand of a similar situation where such a big Chinese O&G coy has been knocked back by the Chinese govt - EXE main assets are in G/Basin - and WCL blue-sky is there also - the knock-back is in an environment where the Chinese are reportedly buying anything which even remotely smells of petroleum related products.
We don't know specifically why CNOOC did not get approval, so I guess it could be anything- eg geology, financial terms, prospectivity, results of earlier drilling, change of investment emphasis??? who knows? But curious
cheers (and Happy New Year)
WCL Price at posting:
43.0¢ Sentiment: None Disclosure: Held
