$300m oil deal looks sealed, page-34

Jagster,
LOL. Look longer term. $400m spend this year is not wasted in my opinion, most of it will become income producing, some immediately and some over time, even the admin costs will be income producing.
Some drilling costs will be wasted, agree but that's the nature of O&G exploration.
Let's not hang PB until we get further details of this intended $300m oilfield purchases.
"There does not appear to be an overall plan"? A bizarre statement.

:)
Nic