Replies to post #2009 on Addax Petroleum (fka AXC)

[oil-cowboy]

There is potential to be pleasantly surprised. There has to be a reason for Sinopec to be sitting on their hands... or at least to not publicly withdraw like Total.

Makes you wonder if all the delays and time could have been spent on negotiating percentages or financial details between the JDA and Sinopec? With poor ole' ERHE being gagged and trapped in between.

I would love to see renegotiation of blocks 1-4 to another smaller, more aggressive operator. From the sounds of it that could very well be the path moving forward.

ANY forward movement would be stellar.

Patiently waiting.......

Cheers