NWE 0.00% 5.6¢ norwest energy nl

Ann: Change in substantial holding from MIN, page-313

  1. 2,944 Posts.
    lightbulb Created with Sketch. 911
    Posters have been talking about MIN selling surplus gas.
    I think that there will not be a separation of our gas/their gas.
    What will happen, IMHO, will be gas will be sold to which ever customer at whatever the agreed price is and then accounting will sort out the payment/reimbursement to each of the respective parties as per the share.
    LD1 will not be easy as it is a reservoir which transgresses across the boundary of EP368 and EP416 and as everyone is aware NWE own different percentages in each. I am sure that this is not an unusual situation for the Oil and Gas industry so I also assume that there are established methods of sorting this out.
 
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