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BigOnChina

08/19/11 9:12 AM

#1687 RE: bUrRpPPP! #1686

There's no doubt Petrochina has to be concerned that NEP is developing the new oil field and will be selling to "other" customers. I'm sure PTR doesn't want to lose any production and they'll do whatever they need to so that doesn't happen. NEP is in a good negotiating position here.

I still won't be surprised the day Petrochina comes in with a nice buyout offer.