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Manti

11/07/06 7:17 PM

#80087 RE: Strategyone #80083

Strat: It was stated back during the psc signings when all this was being discussed that it was Noble that wanted to reduce their exposure, therefore they sold the 9% keeping 51% for majority control and operator.
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Spec29

11/07/06 7:20 PM

#80088 RE: Strategyone #80083

Strategy, I don't know who posted that but...

they are wrong. The PSC signing date was pushed back from February 2005 to March 2005 because the STP delegation put up a stink about that 9%.