"Prompted by an increase in the volume of trading and price of the Company’s common shares, the Company clarifies that the transactions contemplated by the Offshore Memorandum and Onshore Memorandum are subject to certain independent conditions and approvals, including the execution of separate production sharing agreements with the State pursuant to each memorandum of understanding. The Company is in discussions with the State in relation to the negotiation of the production sharing agreements pursuant to both the Offshore Memorandum and Onshore Memorandum. At the current time, there is no assurance that the transactions contemplated by the Offshore Memorandum and/or the Onshore Memorandum will be completed."
so has something changed????
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