What if inciderr is right? What to do?

[CAC]

Petromin still exists and can sign. Josh K is gone. Petromin signed the deal with the Japanese. The new legislation if Sept would formally create the new entities thats true. BUT today things go on just with out Josh K.

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I think I asked my question imprecisely.  Instead of asking whether PNG would be legally able to sign a deal before the new entity was in place, I should have asked whether the bidder (who may be the one demanding the change) would be willing to sign it with the lame-duck Petromin.  It takes two to tango. 

On the other hand, this speculation is all borne from a comment by Inciderr...and Inciderr seemed to believe something would be done in April...so he/she apparently doesn't forsee any delay by the bidder.