08-16-2013, 09:23 PM
It is up in the air as to how the market interprets this. However, this can be construed negative as much as positive. Positive as in your scenario Resourcearb or negative in that negotiations were not going the way interoil wanted them to so they took away exclusivity.
The big IF is.... IF this is true or not. I would expect a comment from the company. Any comment would suffice, but in the article the company spokesperson said they did not know the answer to the question of exclusivity and would look into it. No follow up to that?
A comment is in order from IOC.
The big IF is.... IF this is true or not. I would expect a comment from the company. Any comment would suffice, but in the article the company spokesperson said they did not know the answer to the question of exclusivity and would look into it. No follow up to that?
A comment is in order from IOC.