Hopefully a green day today, page-44

PJ I agree with your point re WI, what is at issue is we have JV partners with different agendas

Petronsen would want to hold off as long as possible as it increases their costs after DOC
CNE would want to hold off as they would lose control
COP would want a DOC when it suits them ???? not sure when but
FAR want a DOC yesterday so that Management get their free options at a lower price and have something to sell to insto

Interesting bit is if CNE do not want to handover to COP there is only one way I can see that happening which is buying out FAR, so maybe this is what Malcy was thinking?

So when you have business partners with different agendas I am certain we will see silly games that do not make commercial sense. FAR may be in for the long haul or it's games over in the JV sooner than we thing so let the games begin... oh sorry that started last November with drilling.

THP is starting to make sense from CNE's point of view or is it that it has just turnover to beer o'clock ...... no just beer o'clock, THP is a pain the a whole.

Zip