some interest, page-7

An outsiders view - but it appears that "Strange Investments" have either (a) realised that the technology/IP may be worth more than they thought, and are trying to get it back via a legal technicality and/or they have another much larger purveyor of this technology waiting in the wings; or alternatively, although less likely (b) Strange Investments has lost confidence in Globedrill following the number of drilling problems they have had at Telfer, and are afraid that this technology will be parked up and not be monetised (seems unlikely – given one of their complaints was that Coretrack were promoting the Telfar job).

The fact that Strange effectively tried acquiring/stealing (for want of a better term) the rig via a job on a dummy subsidiary company (Strada Energy) is simply bizarre. Don’t know the details other than in this report, but either way – this one appears to be going to court. Strange by name – strange by nature.

Shame - it appeared to have so much potential. And could have been good for KEN to develop a decent relationship with a good drill contractor.