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Re: kentcrek post# 5437

Sunday, 02/26/2012 6:41:52 PM

Sunday, February 26, 2012 6:41:52 PM

Post# of 12368
doesnt show Fep / forum energy bidding for itself. Does Philex mining getting a good deal/contract help fep.l? if so please tell me how, thanks.....................unless philex petro subcontracts it to fep.l but i dont see that happening....i believe the fep buyout is more of an investment in sc72 rather than to watch fep grow much beyond those projects< i could be wrong>.

I saw "forum pacific" but i dont belive that to be in any relation to "forum energy",please correct me if i'm wrong.....

delaying the seismic for this long, based on this theory of future bidding ,is plausable but not definite.Not seeing fep.l doing the bidding themselves but having the spin-off philex petroleum do it is just another example how Philex Mother can screw both fep and fecof out of their own best chances going forward.......with a flick of the pen nonetheless.


If we see bidding in or around the hotly contested reed bank / disputed spratly chain.........then this will show international unity against chinas claims of jurisdiction........and obviously that would bode very well for fep.l on the issue of sc72

good luck to all