fp

Vil Dudes,

I confess, I am not terribly clever (Takes me an hour and a half to watch 60 minutes..!!!)

Please explain this to me, GGP are an O&G explorer/producer - Correct ?

Vil is an Investment Company - Correct ? ( hope your still with me..???)

I presume both GGP & Vil have participated in the extensive and thorough analysis of the FP 3D seismic (after an eternity..??)

Vil has said they have identified the 'Sweet Spot' and intend drilling a side-drill to reach the goods...!!!

GGP however, (the producers/explorers), have elected to relinquish being the operator and have recommended the hole be plugged and abandoned with the sale of all facilities..!!!

Me thinks me is missing something...When and how does an Investment Company gain more expertise on O&G analysis over a O&G Explorer/Producer ??

Please excuse my ignorance but I need it spelt out s.l.o.w.l.y so I can understand.

PS: I am a Male hence my confusion !