12-03-2012, 11:36 PM
Not more levels of uncertainty. Not a reason to expect delays. Not something that hasn't already been discussed. Look back at some of the stories that have been posted since O'Neill was sworn in. He spoke about reorganization the very day he was sworn in. Petro mentioned this quite some time ago. O'Neill said departments would be scrutinized and reorganized; he said non-performers would be gotten rid of. Last week the MRA head mentioned how good it would be for the DPE to be better organized to be more transparent. This has been in the works since August and is not a big deal.
O'Neill has already put in place the 2 commissions to get the specifics worked out. Really nothing more than reorganization to split types of projects (Minerals and Petroleum) to align with the different royalty and tax structures of each as well as ownership interests of the State/Provinces. Investments and funding can be much more easliy done and risks rest in respective companies. Really no rocket science with this.
O'Neill has already put in place the 2 commissions to get the specifics worked out. Really nothing more than reorganization to split types of projects (Minerals and Petroleum) to align with the different royalty and tax structures of each as well as ownership interests of the State/Provinces. Investments and funding can be much more easliy done and risks rest in respective companies. Really no rocket science with this.