Agree ... OIP should have in fact already drilled in PEL 6 to raise shareholder value as the CSG targets there are similar to in ESG's PEL 238!!! To my mind OIP is really not effectively a separate company .. its doing as ESG wants. I'm sure though that if there was a chance of a threat of a move on OIP by a "third" party ESG would want to preempt it! I guess I'm a bit torn as I have a far bigger investment in ESG than in OIP .. so if its the right move as far as ESG management is concerned to reacquire OIP then that's OK by me .. still want a decent price though and that would be better if its after the PEL 6 drilling.
H
OIP Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held
