cujo,
I don't think anyone is under any illusion CVN will Not be taken over.
We are located in the right region (Asia), with lots of existing oil and gas infrastructures and lots of future demand from both industries and consumers.
By the time, our permits are ready for production, fields like Reindeer will be coming to the end of its useful life.
And exacerbated by the lack of investments in Exploration by the Big Companies - oil and gas prices will be rising in a few years time (refer to articles from last week).
Its probably why we saw the CEO of Quadrant visiting Port Hedland.
There is no doubt in my mind the demand is there - the unknown at the moment is how big is our hydrocarbon basin and how much will it cost to extract it.
AIMHO
DYOR
Is there anyone there?, page-9
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