RE: RE: Pmo10 Jan 2018 21:47
giblets
in effect rkh have done this already with the 50/50 NPV deal (12/ 18 months ago), with the payments back to pmo re-set and fixed at fid..so the principle rkh will "do a deal" is clear . equally the fogl deal was on the basis farmin would be made easier..i am expecting a "new deal" for phase 1 to get that moving with phase 2 being closer to original terms..while current oil price looks favourable i wonder about the forward price impact to prospects, and as importantly the oil price has only recently moved and investment matters tend to take time
i do wonder about the silence from the bod over recent months however...i am not expecting anything to happen until Q2..but you never know..