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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (366998)6/1/2010 2:33:04 PM
From: semi_infinite   Read Replies (3) | Respond to of 793800
 
Those are not exploration projects. Wells have been drilled and they will be connected to production infrastructure. The risk of losing control of those wells are minimal compared to drilling of new exploratory wells. Also 10% interest doesn't mean they run the operations. The controlling shareholder is the one that runs the rigs and operations.