Not a biggy, but I didn't expect a large oil'er willing to take a minority/back seat holding.
If it is true, then this may help sentiment.......>
"An Interesting Week ahead
Northern Petroleum a Risky Punt according to the Sunday Telegraph
Shares in Northern Petroleum (41.5p), the small UK oil company, tumbled 25 per cent two weeks ago when it announced that the second of the two wells it had drilled on the Isle of Wight was also dry, and many punters bailed out on hearing the bad news.
However, we believe the sell-off is a buying opportunity. Northern is about to announce the appointment of an experienced former BP executive to take charge of its Dutch operations.
It is also expected to announce details of a tie-up with Hardman Resources to develop an offshore field in Guyane. A risky punt."
HDR
hardman resources limited
Not a biggy, but I didn't expect a large oil'er willing to take...
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