"Trading halt necessary for Baraka to make an announcement to the market in relation to the company's participation in the proposed 2014 works program."
This is on the back of the closing of the filling of the participation shortfall. I assume that it has been all filled with some from O/S. So we might say they have raised what they wanted maybe and can now make some sort of statement on the future of its activity.
Well at least there appears to be a proposed 2014 works program imminent ..which is good news for us long suffering SP holders.
What is BKP's current responsibility to commit funds to any works program, as limited as they have always been.
Wouldn't we expect Statoil to make an announcement first?
I would also like to see the conventional oil resource prospect tested...personally.
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