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0.00% 5.6¢ norwest energy nl

puffin royalty

  1. TerryA
    1,261 Posts.
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    15/07/11
    09:59
    Post #: 8679210
    Greetings,

    Could someone tell me how the Puffin Royalty is secured.

    I ask because AED seem to be going from bad to worse and I cannot see them raising the funds to do any development in the Puffin Field.

    Perhaps the best thing would be for Sinopec to buy out the 40% remaining with AED and then there is a chance that NWE would see some income from Puffin.

    Thanks,

    TerryA
    NWE Price at posting: 3.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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