And what I find amazing is that some don't seem to understand that when you have joint venture agreements you have to operate within those conditions.
A little research may help brunoR
It may be best summed up by the words of the chairman in the 2009 annual report....
"I am aware that there has been concern with the delay in starting up our Phase 1 activities. What must be realized is that
Central Petroleum is now within a Joint Venture and work activities are subject to the approval procedures and voting rules
specified in the Joint Operating Agreement. Therefore except in several pre-agreed specific instances, your company is required
to obtain Operating Committee approval before undertaking major works, and delays are not necessarily within the control of the company."
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