mhl other company news oil advisery pl hmmm, page-13

Hi SpyValley,

I guess my question is "What are we paying MHL's management/Directors for?"

They have told us they can do the job but now they bring in an outside petroleum industry consultancy to tell them what they should be doing.

Based on what OIL ADVISERS PTY LTD say that they can do is management telling that they are in need of help to deliver on what they have been telling us for all these months based on the number of milestones that they have not been able to meet?

From website:

http://www.oiladvisers.com/services.php

"Our management team comprises a mix of professionals who are highly experienced in their respective industry specialisations. As a consequence,

Oil Advisers is able to seamlessly deliver the complete spectrum of focused services required, rather than generalised coverage of a lower quality.

In some respects, our services are similar to Project Management. We identify the areas of attention required by our clients and

then coordinate the specialist professional services required to deliver a quality outcome.

A key advantage of our service is that should an extended need arise, Oil Advisers is able to deliver an integrated service without the need to go to another provider, avoiding delays, costs, communication issues and general management headaches."

JMHO but a please explain is in order.

Cheers,
Brantley

OIL ADVISERS PTY LTD was just formed on 25/01/2008.

Section from announcement:

# Other Company News

The Company has engaged Oil Advisers Pty Ltd, a newly established Perth-based petroleum industry consultancy, to assist with the development of its:

# diversification strategy,

# assessment of current asset values, and

# access to competency and skills based to supplement its own technical resources.

# Further details of the outcomes from this cooperation will also be released in due course.

***************************************

Look at the Key Users of OIL ADVISERS PTY LTD per their website below.

http://www.oiladvisers.com/services.php

Key users of our services

There are three key groups with whom Oil Advisers can act for:

1. Oil and Gas Owners & Asset Holders (‘Owners’)
Owners of oil and gas assets who want to develop and maximise the value of their assets.

2. Industry players wanting to acquire Oil & Gas Assets (‘Buyers’)
Our Register provides Oil Advisers with the capability to match the requirements of a Buyer with suitable Oil & Gas Assets.

3. Referrers
We have access to a large number of people involved in the Oil & Gas Industry who have identified Oil and Gas Assets which they believe have significant potential

but who don’t have the resources, range of skills or capital to allow the extraction of maximum value from those assets.

Oil Advisers offers a unique Referral Remuneration structure which provides referrers with fee sharing and project participation opportunities.