*what an absolute bargain*, page-75

re: tiof ? voelte - same person different tune Financial Times: August 19 2004 >>>

"Don Voelte, the group's chief executive, said, while Tiof was still being assessed, it was sure to be developed and a four-well appraisal programme was under way."


Reuters: September 30, 2005 >>>

Australia's Woodside Petroleum Ltd. said on Friday that its Tiof oil discovery offshore Mauritania in west Africa would be an extremely difficult project to develop.
"It is a billion barrels in total size but the question is how much can you get out of it, Chief Executive Donald Voelte told reporters at the Merrill Lynch Australia Investment Conference.
Voelte said the geological structure of Tiof was "like a bowl of spaghetti", presenting challenges over the number of wells that needed to be drilled and their economics.
"We are hoping to come to a decision shortly, but it is an extremely difficult project," he said.
Voelte said a joint venture meeting would be held in the next month or two, but it was not yet certain when a decision would be made on the project.