04-15-2013, 01:41 AM
Good point Relker and I get the gest of what you are saying here. As JFT also mentioned, that PNG is entitled to 22.5% of PRL15 assets. Dependending on how PNG creates revenue from those assets, if in this case creates a fund to invest in other investments with the cash value, IOC would hopefully have the first option to purchase that back from PNG, and secondly have weight or say so in whom it would be marketed too. Recipricating the same working relationship IOC is currently in with selecting a partner and PNG also approving the selection.