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Re: tryoty post# 252265

Tuesday, 01/24/2012 12:37:44 PM

Tuesday, January 24, 2012 12:37:44 PM

Post# of 361791
Or, if ToTal hits in JDZ 1, Sinopec retains some ninority stake in #2,3 and 4 while ToTal operates. Negotiations with JDA can be delayed for several months while ToTal drills in #1. So extension is not certain.
SNP has too many irons in the fire all over the world. Addax was responsible for the 5 drilling locations prior to the buyout.
When SNP started buying in to producing fields, it is apparent they are not happy wildcatters.
Bob
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