re: Ann: MPO Awarded 1st Onshore Gas Producti... Implant,You...

re: Ann: MPO Awarded 1st Onshore Gas Producti... Implant,

You can't just sell something just for the sake of selling it and/or use it as a bandaid approach for somewhere else. How much have we already spent in NA over the years, and what have to got to show for all of that??

Yes we are supposed to have some good prospective tenements, but all we have done thus far, is putting all of our eggs in the one basket there and not producing a great deal of oil.
You may say that it is early days yet, and I agree with you. But with SA we know that we are producing gas and that we have the market for it. So, why the urgent need of selling it without at least proving what it will do for us first??

Besides, if you are to sell something, you are better off negotiating from a position of strenght not in a position of weakness.

Hence why we have to find out what we can make out of this venture in SA before we even consider selling it. If not, I would be surprise if we were even able to recover our total costs to date.

Cheers