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Posted this over on Fools, but just been told by a couple of good old friendly ex-Fools that everyone had buggered off. So am posting here - would appreciate your help... Hi all,Long time no post - been in hibernation mode for quite a while. Trust everyone's well :o)Anyway, have a question about PSC offshore Vietnam (thus some of you SIA experts may provide some…



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In reply to davjo (post #5) Surely something odd's going on here, or the info from Ho Copper is wrong. I think Tom Prudence (clearly a misnomer) must have agreed to some dodgy deal with Premier.  None of this deal makes sense in light of what has happened, and what I believe (in line with DJ's view) is about to happen. So yes, the probability,…

All, just saw an update on HC - http://hotcopper.com.au/post_single.asp?fid=1&tid=1011432&msgid=5643604 Anyway my other shareholder friend confirms that he was told that PetroVietnam's pre-emptive rights apply to PPP's entire 15% stake.BUT.... (and it is a big BUT).... PetroVietnam may take only a portion of that.(Perhaps someone's butt needs to be seen to !)So I guess that could conceivably see PPP end up with (A) Either: nothing....0%.....zilch...........nil(B) Or:…

Hi davjo, Thanks for your time as always.  Been a long time, but it is nice to be "back", so to speak. PPP should not be left out of pocket, other than potential loss of interest. Are you referring to PPP losing all 15% (which is what the market is pricing in at the moment as it believes that since PPP's farmin is subject to…


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