Brazil - Hotspot for Majors, page-3

  1. 8,113 Posts.
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    Why did that plan change??

    Think about it Cujo......
    They have said Echidna is commercial adding value to the balance sheet. Not uncommon to go to commercial straight up on a small field.

    They have handed back parts of their blocks thereby negating future expenditure on commitments..seismic, drilling etc. This again makes their balance sheet look better.

    Karoon have stated they are actively looking to buy an asset.

    Do you still wonder why that plan changed..??
    Last edited by stevo: 22/03/18
 
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