Strat Petroleum Ltd (SPRL)

[greenbullz]

"Currently Strat is working on securing licenses for processing oil waste that will allow it to secure 100% of the rights to process the reserves in the reservoir, thus not requiring local joint venture partners."

IMO JMCP is only ONE of Strat's J/V's, which will allow Strat to start new ventures of it's own. This j/v is a brilliant plan to get things rolling. Strat shares a small amount of it's current sludge pools in order to secure new sludge pools with rights to process independently. It's all about the bigger picture here... don't get caught up on one small j/v.