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Re: walldog0 post# 25066

Friday, 02/24/2006 4:57:11 PM

Friday, February 24, 2006 4:57:11 PM

Post# of 360747
walldog0, another irony to this whole fiasco is that if STP would have signed the PSC (which they know all about and is the profit sharing contract between the oil companies and the JDZ countries), they would then be able to review and scrutinize the JOA's all they want. Once the PSC is signed then the JOA's become valid and material and must be publicly released for both ERHE and Addax. Further, the JOA's are just what you said, an agreement between the oil companies that the countries can not do anything about. Not only that but these JOA's are probably changeable if agreed upon by all parties.