Thursday, November 28, 2013 11:02:43 AM
Dangnote has rights to working interests in block 1. It doesn't cost them anything more to hold out till or IF the JDZ is proclaimed useless for commercial oil. All the NoN operators have nothing to lose to keep holding their percentages( barring selling their positions for what ever they could get for it).We haven't heard of any other interest from Operators after ToTal proclaimed Block 1 subcommercial. While there is no work going on it costs(the small players) nothing more to sit and wait. IMO the days of enticing operators for the JDZ are gone.
Sorry I have no private posting privaledges.
good luck Cherry man!!
Bazil
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