NDO 0.00% 85.0¢ nido education limited

option issue, page-24

  1. 8,928 Posts.
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    "you get the feeling" trickster! Yes I've spoken to them as well and it's always the same story but I can tell that it's not our side dragging their heels. I can't agree they will be "screwed" as you put it if it does fall through. Maybe some panic sellers but the oil will still flow and doubly next year. Some might find this info of interest as to why negotiations are taking a little longer. when you realise how many extra bods are involved.

    "Viking plans to use cost-effective offshore production and storage facilities comprising a mobile offshore production unit ("MOPU") and a FSO/Storage Tanker moored to a CALM Buoy to commercialise the three oil fields. The Participants and Viking will work in collaboration with Offshore Production Solutions (OPS) and Thome Oil & Gas (TOG) on the project, whereby OPS will provide offshore production facilities under bareboat charter arrangements on competitive market terms to be agreed; and TOG will provide operation and maintenance services for the offshore production facilities under an operation and maintenance agreement on competitive market terms to be agreed".

    http://www.tvipacific.com/Investors/news/News-Release-Details/2012/TVI-Pacific-Inc-Signs-a-Memorandum-of-Agreement-to-Develop-Three-Oil-Fields-in-SC-54A1129684/default.aspx

 
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