IMO and talking from the grandstand I would like us to retain our interest in Chorbane but see Gulf buy out ADX.
Why? IMO ADX have demonstrated they can not be believed or trusted to be an operator of any further drilling nor do they have the skills to do so. As Gulf are keen to get involved there won`t be as many issues and the company are professionals in the industry and will get the job done ASAP.
In regards to FP. GGP to sell their interest to a bigger operator who will take over the drilling. Maybe VIL sell a interest to the new operator to cover the cost of the drilling to get it up and running.
The above comments are only brief so read between the lines at what I am saying. A lot of wishful thinking. I doubt any of this could happen going on what we are hearing from all parties concerned.
AS LWR said We can live and hope.
VIL Price at posting:
0.1¢ Sentiment: None Disclosure: Held
