christmas rally ?!, page-11

Here are some of Kens key quotes from memory, i think things will progress sooner than many expect:


On Paloma;

The potential net present value from each of these levels has the capability of doubling the size of the company...Paloma is a big deal for us.

OXY have been very active around us...we have had expression of interests for funding....with 85% interest we have plenty of room for negotiation....

update in the next two weeks...




Vietnam;

We say we are expected to drill by mid 2013, only saying that as we do not have a firm rig contract yet...the sooner the better, we are ready to go.

The data sets of block 120 are a very good data set, should be very useful.

Up to 8 weeks to analyse data sets...

ENI negotiating on our behalf...