Ann: Extension of Energetica MOU , page-2

Well ESG's threats to sack the board and the calling of the EGM has sure scared off OIP's pursuit of the energetica proposal .. NOT! They have NOT said they will act only in caretaker mode and in fact the extension of DD until 6 June says the opposite ... they want it to remain an option right up until the day before the EGM.

Hmmm. ESG has to mature (as Yaq has said on the ESG thread) and move beyond this sort of thing and pandering to influential individual's agendas (by pushing the GoM assets) if it is to be taken seriously as afuture major playing in the CSG and CSG to LNG sector.

H