RE: Court News, etc14 Mar 2019 12:17
Hi Mole
hope you are well buddy.
re request for arbitration - not just clear cut really is it. At the moment we still dont know for sure exactly what will be in 2022.
We dont know the extent the 2018 "succesfull" drill campaign will relieve the pressure.
We dont know how quickly the agreement with BH will ramp up work and production on the back of what 2018 drill campaign has taught us
We dont know how pacifying of GG the mere emergence of any form of agreement with BP will have
Id like to think all of the above will have the effect of dissolving any appetite for arbitration request to become a full blown arbitration case
What we do know is Frontera have had a very good relationship on the whole with GG and we also know we have been more than courteous, lenient and understanding when it has come to GG paying us what we are due in regards to tax rebates.
Will it be plain sailing - its frontera so i doubt it.
But as a glass half full kinda guy id like to think that the above coming to fruition and the guarantees that would come with BP and BH being involved involved with us- we should be ok on the arbitration front. Not to mention the congresmens words and indeed President Trumps warning about playing fair with American companies in Georgia.
ATB