Ann: PEP11 Refusal of Extension and Cerberus Update, page-14

Hi B................... 100% correct. To those who knock Scomo...Yep I agree a 'scared decision' -and where was KP was he not the guy in charge of the energy portfolio?
How about the Directors who sat on their hands/brains for 10 years and did 'ziltch' -- Oops when the lease PEP 11 was to expire - geez we better do something - in meantime it's OK to draw our salaries. I believe the result rests fully at their feet.

Now we are entering a period of super need for gas.................. wonder will the new party OK the PEP 11 nah - would upset the minority ? Would see the 'Oil Rigs' (I thought it was -gas rigs!) Stuff the majority.

I thought NOPTA (?) had the power to approve without any Govt intervention? Why appoint /give power to and then intervene ? My opinion. They are possibly full of the Green side also !

God help OZ !