re: unstable sovereign risk- kapo et al If you want to reduce...

re: unstable sovereign risk- kapo et al If you want to reduce sovereign risk I suggest you focus on BUY - they are planning to drill the Sydney basin off Terrigal. There may not be much in the way of hydrocarbons, but the sovereign risk will be low (unless NZ start arguing about the maritime boundary location, drawing on Australia's gambit with East Timor)