Today is the day that Statoil assume control of the, previously, PFC controlled, Southern Georgina Basin exploration program.
I note that PFC advise that they have withdrawn their Ofice/Admin.staff from Australia. PFC are now relegated to a very passive/junior role in the exploration proceedings.
It will be interesting to observe how this most professional,experienced,adequately financed and competently staffed company,STATOIL,accelerates and advances the field works and the resultant POSITIVE outcomes for all the investors in the three participating
enterprises.......
statoil at the helm.
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