Oh heck! Thanks for drawing this to my attention. I made a terrible mistake by referring to AYO should have been Beach. Please accept my apologies...
Sydney - Wednesday - Sep 28: (RWE Australian Business News) - Carnarvon Petroleum Ltd has issued proceedings in Alberta, Canada, seeking orders directing Pacific Tiger (Energy) Thailand Ltd and Pacific Tiger Energy Inc to comply with provisions of the joint operating agreement and farm-in agreement. These two agreements govern relations between the partners in the Wichian Buri SW1A joint venture in Thailand. Carnarvon says its concern about the extent of funding of the joint venture by Pacific Tiger has caused it to commence these proceedings. The court has set a date of November 24 for a hearing of Carnarvon's legal action.
AYO Price at posting:
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