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Wednesday, May 07, 2008 2:00:38 PM
Sinopec does not work under that type of model obviously. News from them regarding results will be at a minimum I am sure. How would you expect to see value added from their block to our SP or company when they have no incentive to give info?
Basically, how would we see our SP move from results from their block? I know we would gain from actual production of oil but what about proven reserves? Does not seem like we would benefit from that block in terms of info regarding what they found and what they only know is there.
All are invited to share an opinion.
Regards
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