QPN 27.3% 0.8¢ quest petroleum nl

Ann: Quest to JV on Large, Drill Ready Alberta Oil Sands Project, page-8

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  1. 566 Posts.
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    Have done a little research on their new acquisition.. There is oil there alright - only one small problem - it
    is in the form of tar. Perfect setup. Change company name so hiding previous disasters, write up new
    acquisition in glowing terms, round up a new set of wood ducks and live on cavier for the next few years.
    At the end of this period say sorry - as we said in the beginning - there is oil there but we can't get it out.
    Find a new plot of ground, change company name, more wood ducks, more cavier. What a life.
 
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Currently unlisted public company.

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