Really sticks the boot in with yesterdays comments on RRL. Maybe the Chinese are only interested in the long term Puntland licenses and perhaps there is a relationship with Landau going on. There are too many nasty smells and it is not crude oil. I sense a Chinese puzzle was in the Xmas cracker. What was all the rhetoric about a "change in focus for RRL" on the departure of RSR according to Abraham - and looking at gas and condensate alternatives. Now its back to Waterflood provided that the existing wells are in good order. But you can bet your last TT dollar that they wont be and the prospect that the first 10m$ will be swallowed up without any production increase if it has not already. Meanwhile there will be a CTR director with a cheesy grin on his face. It will be interesting coming up to the EGM.
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