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texas tom

10/23/08 5:48 PM

#45224 RE: repoman #45223

Good diversification for the Northwest oil group. Who do you think assisted in the financing of this luxury hotel? The Chinese? Any luck in making contact with the Northwest oil group? Any thoughts on where will be the next purchase? French riviera? Someone is buying at these levels.

texas tom

10/28/08 4:44 AM

#45262 RE: repoman #45223

I have carefully read the most recent PR ( translated into English) about the Northwest oil group's purchase of the Los Monteros 5 star luxury beach front property in Spain for $160 million. This is the first of a number of buys of the very best beach front properties that Europe has to offer. The PR also states that the Northwest oil group will soon be purchasing aircraft and offering tours for VIP clients. The property was bought for a song. Is there plans to buy out the entire Marbella chain of 83 luxury beach front hotels? The PR states that the Northwest oil group will be buying individual hotels or chains. The diversification appears to be well thought out. No one has posted where these billions of dollars are going to come from. The finances do not appear to be a problem. Is this fruits of the Sinopec JV.