and....back here...just noticed that the rrs and iop merger is...

and....
back here...
just noticed that the rrs and iop merger is morphing a bit see latest asx ann rrs.
or similar here

http://www.lse.co.uk/AllNews.asp?code=bx0giy8w&headline=Range_Resources_Looks_Again_At_International_Petroleum_Merger

What on earth happened to iop Tubatse expectations?

gone or coming back?
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at least their oil assets werent in SA.

and take Trinidad in contrast to SAs 20% freecarry....

"Range Resources (ASX:RRS, LON:RRL) is poised to benefit from proposed new fiscal incentives introduced by the Trinidad and Tobago government that reward companies with accelerated development and exploration programmes."cont.
and
"“We welcome these further incentives proposed by the Minister, which certainly encourage increased development and exploration activities for the upstream companies operating in Trinidad, and in turn further accelerate the production growth in Trinidad,” executive director Peter Landau said.

“Range will be poised to take full advantage of these incentives, as it looks to accelerate both its development and production activities on the existing reserves, along with its exciting intensive exploration programme both internally and in partnership with Niko Resources.”

The new incentives allow for further accelerated capital deductions than the past.

Under the proposed incentives, companies will be able to recover 100% of their exploration costs during the first year from 2014 to 2017.

From 2018, they will be able to recover 50% of their exploration costs in the first year, 30% in the second and 20% in the third.

This compares with the current initial allowance of 20% for tangible and 10% for intangible assets and annual allowance of 20% of cost less IA for tangible and 20% of residual for intangible assets." continues

http://www.proactiveinvestors.com.au/companies/news/48083/range-resources-to-benefit-from-new-trinidad-tax-breaks-48083.html
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Perhaps not comparing apples with apples.

The Joburg Indaba should be interesting,imo.
They should invite the Trinidad government for a feed.
Maybe we can compare who attracts investors to their tables.