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emdyal

02/02/10 6:20 PM

#197322 RE: jbofthecloth #197305

I think the JDA might have a lot to say about that kind of scenario !
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bayfisherii

02/02/10 6:23 PM

#197323 RE: jbofthecloth #197305

Why would the share price dropping cause SEO to be pressured to sell?
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amj23

02/02/10 7:46 PM

#197339 RE: jbofthecloth #197305

I would think that they would just have the jda release results before he would do that. or just simply go find a korean(they lost out to the chinese for addax for just 300 million) ,or an indian, or a russian, etc, buyer. after all the island has an auction in early march to start, and why would the nigerians be held hostage by snp? offor has been very good in the past about finding a new partner when needed. Luis prezeres seems to be content with what they found in "expected quantities", nsai? he would really need to put out those jdz results before his march auction. the jda can put out the results, it is their oil after all. are we to believe that they are finding oil and condensate all around the jdz , but not in the jdz, doesnt make much sense. I would be more inclined to believe that the reason we dont have results is, we may get them after we hear what the chinese and offor have been up to. All negotiations are not negative, you are after all trying to get to a resolution that is good for both parties.
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ERHClongtimer

02/02/10 9:27 PM

#197350 RE: jbofthecloth #197305

The share price has been a lot lower than this and SEO hasn't budged.
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puff

02/02/10 9:44 PM

#197355 RE: jbofthecloth #197305

This is ridiculous in all respects. You honestly think SNP will keep the results from everybody, the JDA and the other percentage companies who own rights? The stock price will be based on the amount hydrocarbons found not on extortion from SNP.

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wcamom

02/02/10 10:39 PM

#197373 RE: jbofthecloth #197305

i kinda have a hard time believing that when Offor is the one who brought them in....