11-18-2015, 09:59 PM
Not sure if OSH has much overall influence on this or whether TOTAL would do something to help Botten out much. OSH "strained" the relationship with Total with the arbitration circus and to Total they might say it's "too bad" if they announce A7 and it affects their Certification.
Plus in the SPA it says that the SPA parties will do their best to pursuade other parties subject to the revisec PRL 15 JVOA to be in favor of additional appraisal wells and if they balk, Total and IOC may proceed in an Exclusive Operation leaving non-consenting parties out. This is pretty standard or a JVOA agreement.
Sorry if this makes you pay more Pete, but.............
Plus in the SPA it says that the SPA parties will do their best to pursuade other parties subject to the revisec PRL 15 JVOA to be in favor of additional appraisal wells and if they balk, Total and IOC may proceed in an Exclusive Operation leaving non-consenting parties out. This is pretty standard or a JVOA agreement.
Sorry if this makes you pay more Pete, but.............