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Re: None

Tuesday, 08/09/2011 9:54:43 PM

Tuesday, August 09, 2011 9:54:43 PM

Post# of 362748
So, interesting that no new source of funding was given and, in fact none needed right away to proceed with Chad.

I think the fact that we didn't pay a signature bonus for the Chad blocks is really, really nice. I hope we get news of an operator partner before Friday. Also hope Peter can lay out the plan going forward for Chad other than just the minimum requirements as laid out by the PSC. Surely the minimum requirements laid out by the PSC can't be our plan?!?!

The company says they are negotiating all kinds of things including "forging strategic, new, business partnerships and alliances". It does seem like a big coincidence that Oando is injecting the EEZ and JDZ assets into Exile around the same time we started trying to acquire Exile. Someone should ask Peter point blank if he has something in the works still with Exile and/or Oando.