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Tuesday, August 16, 2011 11:44:53 AM
We tout that our edge is our good relationships and business acumen in Africa. If you want be a solid E&P company like they keep saying they are trying to build, you do your homework and don't make these mistakes. Look at the company we are in with that list... not exactly heavy-hitters. Potential partners doing DD on us will see this - I can't imagine it will be looked at positively.
Again, maybe there is more to it and there was some reason for it and they knew they wouldn't get it anyway etc etc... I don't know...but again on the surface, it just looks bad to me. As always, IMHO.
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