Thanks for posting. I have always said that it is inexplicable that Tullow and Dana would forfeit their reputation in the industry over the minor amounts of money involved. I can only conclude that a blanket edict about further expenditure was issued by both of their boards of directors. How completely foolish as they will certainly expend considerably more in the litigation, and will ultimately have to not only drill, but pay damages as well. This, they richly deserve. Fools.
Seems Tullow's BODs are acting like 8 year olds... You can't make me type of thing.
Despite a contract that was signed by supposed adult businessmen.
All could have been avoided, and was so close, yet they chose to make an issues of Dana that should have been dealt with while Tullow continued it's contractional operations to drill the Fatala well. Kinda like the force majeure issue that wasn't...
Tullow equates to an untrustworthy, contract reneging POS operator...
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