japan and seychelles set to enter new era, page-10

Interesting - it could mean new ground on offer??. The WHL ann yesterday mentions legal which pricks my ears for JOGMEC are notorious for highly tight and detailed contracts which take eternity to formalise. JOGMEC being government often discuss and neg with other governments first in a true Gov to Gov speak and then go and do private Co JVs as well.

JOGMECs brief is to do JVs, gain majority interest and then "sell" their equity to private Japanese Cos for development.

It could be WHNs ground or it may be unrelated - I find it odd to call JOGMEC a top 500 Co but then in terms of size they would fit the bill - is whn gilding the lilly a bit there?

I do not think the market will be quite as excited if it is JOGMEC as opposed to a Tullow, Ophir etc etc