Anyone - Who or what is Pass Petroleum.
What if any influence does it still have on FP that we should know about ?
Best I can do -
Company Overview (Bloomberg Businessweek)
Pass Petroleum LLC operates the Fausse Point Exploration Project which comprises oil and gas reserves in Louisiana. The company is based in Oxnard, California.
Note that GGP is said to have stood down as Operator.
Pass Petroleum LLC does not have any Key Executives recorded
3rd May 2010
Golden Gate Petroleum (ASX: GGP) is pleased to announce that it has entered into a letter of intent with the
private company, Pass Petroleum Pty Ltd (PPL) to merge PPL into GGP.
9th July 2010
9 Jul 2010 – Pass Petroleum Pty Ltd was issued 180 million Quest Petroleum NL shares on July 8, 2010 after selling its Thames and Amazon prospects
2 Aug 2010 – Verus Investments (ASX :VIL) has executed a term sheet with Pass Petroleum Pty Ltd to merge Pass into Verus
25th July 2011 GGP Ann
Our partner, Verus Investments Limited (ASX: VIL) is reviewing the option to farm out a portion of their 72.0% workinginterest in Fausse Point. As the farm out proposals will need to be reviewed, the side track to the TGR # 1 well will be delayed several months.
And after 12 months they are still at it.
WTF
R15
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