monkey chomp at 53

(Surprised) Chimp.

Latest news:

Sydney - Friday - December 19: (RWE Australian Business News) -
Roc Oil Company Ltd (ASX:ROC), on behalf of subsidiary Anzon Australia
Ltd, reports participants in the Basker Manta Gummy project have given
notice to BW Offshore of termination of the letter of intent signed in
July for the supply of a floating production storage and offloading
vessel (FPSO) for the proposed phase two project, due to failure of the
parties to reach agreement in relation to the FPSO contract.
BW has indicated it will seek to recover costs relating to
terminating third-party vendor contracts from the participants in the
BMG project.
Whilst the precise amount of these costs has not been disclosed
to the participants, the participants in the project dispute that these
costs are payable under the letter of intent (LOI).
In any event, under the LOI these costs are capped at $US78.5m.
Anzon and the other participants in the BMG project are
reviewing alternative proposals for optimal development of the BMG oil
and gas field, including through alternative FPSOs.
BMG operations are continuing using the Crystal Ocean FPSO,
where current production capacity from the field is 11,000 bopd.
Participating interests in the project are operator Anzon 40pc,
Beach Petroleum Ltd (ASX:BPT) 30pc, CIECO Exploration and Production
(Australia) Pty Ltd 20pc and Sojitz Energy Australia Pty Ltd 10pc.