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Legal Nature of the Papua New Guinea Petroleum Arrangement
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'jft310' pid='22359' datel Wrote:The difference is quite significant in style in addressing unknown issues. Some chose to fret over the words they see and others use a different approach a frontal approach and pick up the phone or key board and ask for comments from IOC mgt. IOC always will answer your questions thats why WA has a job. Personally I asked IOC mgt about this and was told it was not an issue and the govt would be quite cooperative in helping IOC. And lo and behold they were so cooperative. This way I don't spend time spinning my tires in the sand but can try to get answers to other questions and move ahead. Others because we don't have a deal have a different approach they prefer to worry and fret about issues . Not my style or many others I hang with off board. We get answers direct from the horses mouth. Which is the more productive approach????

How long have you been in the biz? 1994?  And you have never had management tell you all is well when in fact it was not?  Do you think they will or would tell you if the &^%$ is hitting the fan?  I will answer that for you...the answer is no.  You will find out after the fact.  Am I saying I do not trust management? NO.  But never rely 100% on what you hear from them as there is a reason many of the statements they make are not cut and dry and open to interpretation.  Sometimes, if it looks like crap, feels like crap, and smells like crap, it probably is crap even if management says it is a rose.

L Ron Rules!
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RE: Legal Nature of the Papua New Guinea Petroleum Arrangement - by TomCrooz - 05-14-2013, 10:37 PM

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