Basically what this means is: Part of ROG's farm-in deal...

Basically what this means is:

Part of ROG's farm-in deal included Ooraminna and Johnstone which are on the EP82 (O2) and EP115 (Johnstone), and where going to contribute 20% of cost for 10% of the spoils. I think everyone here had always knew that ROG was a JV partner with no moneys, and were never capable of these funds. As we all knew ROG's involvement was always to help break the JV deadlock with BG, plus some CSG, and they have served their purpose.

So what can we expect here ? Will BG/PXA too say that they too arn't interested in OIL/GAS, hence CTP has now been required to CR in order to fast track this and do it alone ? Does JH have a master plan ?

More will be revealed.


Soredawg