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+--- Thread: Statutory tootproval (/showthread.php?tid=3368)
Statutory tootproval - Tree - 04-15-2013
What's a statutory approval??
toot toot
RE: Statutory tootproval - TxPm - 04-15-2013
Does any body with a little more knowledge of the workings of the PNG govt want to explain this
http://www.interoil.com/investor-relations-news-and-press-releases/2013-2/interoil-receives-statutory-approvals/
RE: Statutory tootproval - Tusker - 04-15-2013
'TxPm' pid='20767' datel Wrote:Does any body with a little more knowledge of the workings of the PNG govt want to explain this http://www.interoil.com/investor-relations-news-and-press-releases/2013-2/interoil-receives-statutory-approvals/
Perhaps WA will later this Am.
Toot Toot !!
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RE: Statutory tootproval - CesiumFormate - 04-15-2013
I read this as two JVOA agreements. We may well have two different operators.
RE: Statutory tootproval - Tree - 04-15-2013
'TxPm' pid='20767' datel Wrote:Does any body with a little more knowledge of the workings of the PNG govt want to explain this http://www.interoil.com/investor-relations-news-and-press-releases/2013-2/interoil-receives-statutory-approvals/
What it means is
EnnerOles proposed/selected partner(s) in PRL 15, 237 to lay 3.5$ Billion for a % stake have PNG Gov't approval.
See, partners will not lead with their chin and announce if all the palmducks are not in a row. That is what shorts do.
Poetic license taken in a portion of the above. Not insider info just insighter info.
Also known as check-mate. It's still good to know we have a complicit DPE.