TIC so all as one would expect as in delays, uncertainty, misinformation and a lot of zig sagging. Linxing east is always going to be a no go and assume its just been done to keep the Chinese side happy. I am not aware of any similar company in the region that publishes individual well data but happy to be proved wrong.
On a positive note they continue to hook up existing wells and will get paid at some point which is more than useful as likely permits will be pushed back and back. Remember at ODP the Chinese partner need to find their contribution and this may be a bit challenging at present so whats more important in the short term is gas sales contracts, actual gas sales and revenue to SGE from existing wells.
SEH Price at posting:
9.1¢ Sentiment: Hold Disclosure: Held
