ndo pumping oil and strong, page-33

Galileo,

"62strat, surely you know all this kindergarten stuff. Hopefully you do. If not, perhaps the roulette tables might offer better prospects"

Yes, I know this kindergarten stuff Galileo, but your post inferred that all the NDO holders knew it, and the OEL holders posting on the NDO threads didn't...that's why I asked you to enlighten us.
It seems you enlightened a few NDO holders as well...perhaps not as savvy as you gave them credit for.

Your breakdown of the distribution is reasonably accurate, but when you deal in millions of barrel, you should use decimal places...there's a fair bit of revenue there.

GPC have 58.28%, NDO have 22.279%, and the Filipino Partners have 19.431%. OEL have an indirect holding of 18.28% via a 31.38% holding in GPC.

Now here's the tricky bit of your enlightenment of everybody...

"OEL have an 18% interest in the field and may never show a dollar from it until GPC becomes profitable, which of course, will be a matter of Vitol's choosing."

"Also, having an appreciation of the voracious appetite Vitol have for money, I would doubt OEL will be seeing too much of it."

This is all assumption and conjecture on you part, it is not a quotable fact...it is your slant on your particular view...just for the enlightenment of the uninformed!