Did anyone read the West Australian article on PTTEP dated the 04/12/10,page ninety?. Safety cloud cast on Montara operator.(Peter Klinger)
"James lawrence,who said his NOPSA complaint was driven by a need to protect himself from potential disciplinary action by the US federal communications commision in control systems and telecommunications,alleged his team was sacked by PTTEP when it informed the THAI company of the series of non-compliance issues affecting the FPSOs construction."
Will the Australian govt pull the permits from these guys and will CUE be a buyer rather than a seller of its stake in AC/RL7,among others possibilities? If my memory serves me correctly OMV used to own Montara as we already have aworking relationship with them at Marri, its possible,maybe even Todds might want to farmin.
As per the CUE presentation page eight acquisitions/mergers ongoing.
CUE Price at posting:
30.5¢ Sentiment: None Disclosure: Held
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