good oilIts "ugly" rubbishing other posters and claiming...

good oil

Its "ugly" rubbishing other posters and claiming superior knowledge ... which frankly we haven't seen!

I thought the OXX lawyer/GM did a good job and the OIP board were singularly UNIMPRESSIVE and EVASIVE! And I might ask why wasn't there a shareholder meeting to vote directly on approving the merger. The OIP board just evaded the whole issue by stonewalling and saying we are just here to vote on buying DM's shares!! Highly questionable IMHO!

As a GGX shareholder/supporter no doubt you are feeling better than we OIP shareholders after the merger vote! So as a GGX shareholders how was the share price performance there with DM at the helm? Pathetic I would have said! And are GGX running out of funds and possibly, without OIP's cash, in default on some committments? Well managed you say? DM a great performer you say?? Questionable. We could have had DM and RL come aboard OIP later once GGX went broke!! Possibly under those conditions the 5m shares may not have needed to be offered to RL to get him to defect from GGX and push thru the merger once MD of OIP. The whole thing is pathetic. And embarrassing! OIP DID NOT NEED TO MERGE WITH GGX. Simple. Very very ordinary corporate governance IMHO!

There MUST be another agenda in all this like ESG acquiring the CSG equity cheaply or something of that sort. One thing that surprised me was to read in the explanatory notes that OIP's lease on PEL 6 had expired in December??? And they are drilling there now???????????? I'm going to ask them and ESG about that!


H