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Re: emdyal post# 290653

Tuesday, 09/23/2014 12:04:33 PM

Tuesday, September 23, 2014 12:04:33 PM

Post# of 362323
The calls for $30M to be spent in phase 2. CEPSA decided to proceed to phase 2. If CEPSA did not live up to there obligations in the PSC and just said see ya I doubt they would ever be allowed to be involved in another block in Kenya and IMO it would hurt their credibility everywhere else in Africa.