07-19-2012, 03:40 AM
Well, you know that IOC is just the beneficiary of a very kind PNG government don't you. Years ago the government went to Phil and said, "We know that there is a place up in them thar hills that is full of oil and gas. If you will follow us, we will take you to the exact spots and all you have to do is start poking holes in the ground and it will be like your famous Jed Clampett; it will just start bubbling out of the ground." From there the rest is history. And when Shell wanted to come back, all Duma was doing was being a good government host; they gave it to IOC and provided all the means for them to find the gas and condensates, now it's time to share and let Shell take over and do the rest. IOC should just be grateful for the opportunity presented by PNG's government. After all that's how all graet companies are made!
(07-19-2012, 02:00 AM)Tree Wrote: And another thing Duckglomerate........Since it has been revealed that a new tenant of 'capitalism' is a successful business is not made by:
1) Working harder than others
2) Preparing yourself to be smarter than others
3) Entrepreneurs don't build businesses, everyone else does.
I sure hope Phil, Collin and Dave all give us here on the MB the credit we deserve as obviously we took a business with zero and turned it into a 3.8 Billion dollar one. Our further efforts should yield a 12-40 Billion enterprise before long!!