"Last month's decision by the company to write-off to nil its exploration costs to date and downgrade its entire gas reserves shows how much the suspension of PEL16 has impacted on its viability. The hearing continues again today."
Exactly why they did it, shrewd.
I am watching with nervous interest, because let's face it chaps, if this goes pear shaped.. then dare i say, its all over red rover.
High stakes, high drama. I wonder if John Grisham is in attendance.
Upcoming Supreme Court hearing, page-22
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