did the chinese shoved this deal into frontier

SHENGLI OILFILED ? GAS RECOVERY JOINT VENTURE CLARIFICATION
Clarification of rights(or the total and absolute lack of it!!!!)

FIRST the market was let known "It has published proven oil reserves in excess of 30 billion barrels and substantial known and proven gas reserves which are currently being flared. It has published proven oil reserves of 4.63 billion tonnes (in excess of 30 billion barrels) and substantial known and proven gas reserves."

That propped up BPO sp a notch...

BUT ?Finally, Frontier has advised BPO that it has no rights as to oil extraction or exploitation on, or from, the field except that which may be recovered by way of a by-product to any gas capture or production.?

SO then BPO wishes to advise the market that it retracts both of those statements.

This of course depressed BPO sp down a notch and possibly two...

I don't know if I should feel sorry for and/or bemused by BPO who after 6 or more years of research and expensive trial have recently decided to abandon their failed termilone anti-termite project and now retracting some hot air balloon statement....