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tryoty

11/07/09 3:22 PM

#185410 RE: Tapco1 #185408

I can see this isn't going anywhere. Let's agree that Sinopec wanted Addax... what value each slice of the Addax pie was worth really doesn't matter. I lean towards the JDZ being worth more to them than you do.

Fair enough?
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RKT989

11/07/09 3:35 PM

#185411 RE: Tapco1 #185408

I do remember just after Addax buyout Iraq refuted/contested contracts for Taq Taq and threatened Sinopec with retaliation.This would be placed to blocked Sinopec out for any new projects in Iraq .

Sinopec in my opinion had been warned behind the scenes with this stance if they bought Addax.Therefore limiting any value or at least diminishing it greatly for TAQ TAQ.

Possibibly causing Gandur to get a deal done with Sinopec before drilling

I'll see if I can find the articles..