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09/09/12
19:09
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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...
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