Oddly I have had these thoughts as well, as some others I...

Oddly I have had these thoughts as well, as some others I suspect. There are some established big players around Nam now and soverign risk to the likes of BP, Chevron, Exxon & ENI etc catapults this into another arena completly.

While I agree with your view on China. They would be not only taking on Nam but all the other players and I think this would be unlikley at best.

What I would not be surprised about is the 13-2 encroaching well into block 105.

What I am interested in is if Cua Li1 is as big aas Dongfang, how does NEN finance their share to production? I cannot see any further sell down however, will this mean a CR, as there are many other prospects in 105.

For those who have been with Ne for some time 105 was the high risk play..... makes 120 look very attractive now!