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0.00% 3.7¢ pan pacific petroleum nl

My spin on it is.PetroVietnam had a buy back for 15% of the...

  1. gregbauer
    58 Posts.
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    30/10/09
    14:38
    Post #: 5854727
    My spin on it is.

    PetroVietnam had a buy back for 15% of the production sharing if there was a commercial discovery. Hence I would believe that the parties would have their share cut back by 15%.

    This was also previously done in another contract in Vietnam by PetroVietnam.

    PPP Price at posting: 43.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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