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Opinion: 2-October-08 by Peter Strachan"Up in the Philippines,...

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    Opinion: 2-October-08 by Peter Strachan

    "Up in the Philippines, both Nido Petroleum and Otto Energy are on the farm-out trail, talking with some of the world's largest and most cashed-up companies. However, potential farmin-ees may see a better way to take in interest in these projects by not paying a premium to farm-in, but instead buying the whole company. These companies may find that, by alerting big oil, they have a tiger by the tail; and since Briefcase values Otto at close to 80 cents per share, the current price of 30 cents could prove too tempting for a potential partner."

    http://209.85.173.104/search?q=cache:I9GfKRiTn8UJ:www.wabusinessnews.com.au/story/2/66929/Short-term-gain-long-term-pain-ahead+Short-term+gain,+long-term+pain+ahead&hl=en&ct=clnk&cd=1&gl=au
 
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