NZ Oil & Gas (NZO)

[fabs]

Meanwhile in Tunisia, we have bigger fish to fry in warmer surroundings, oh for being on a Mediterranean Beach right now.
Let these silly ignorant foreigners spend money on dry holes here.

[Oiler]

Meanwhile in Tunisia, we have bigger fish to fry in warmer surroundings, oh for being on a Mediterranean Beach right now.
Let these silly ignorant foreigners spend money on dry holes here.

Fabs I wouldnt call Shell, OMV, Origin, AWE, TAG, KEA etc "silly ignorant foreigners" I would be interested in hearing your thoughts on Tunisia deal.

[fabs]

OILER
sorry if you got that the wrong way round.
Either way only the future will tell of course who got it right.
Not sure if it will be NZO which if i understand took over in Tunisia OMVs share of the permit and according to CH/R above, relinquished the permit here and now it has been taken on by OMV
I stand to be corrected.

[Chris Roberts]

OILER
sorry if you got that the wrong way round.
Either way only the future will tell of course who got it right.
Not sure if it will be NZO which if i understand took over in Tunisia OMVs share of the permit and according to CH/R above, relinquished the permit here and now it has been taken on by OMV
I stand to be corrected.

I hope you are standing Franz. Here come your corrections:
The permits now being surveyed by Octanex/OMV includes areas relinquished by the AWE-operated Tui joint venture in 2006 after the discovery of the Tui, Amokura and Pateke fields in 2003/4; and relinquished by the AWE-operated Hector joint venture in 2009 after drilling a dry hole at Hector in 2007. The areas have been available to new permit applications since 2006 and 2009 respectively.
NZOG's permit in Tunisia was acquired from the Government, not from OMV.

[fabs]

Fair enough and thanks for that Chris, that assessment was a off the top response to an earlier posting namely.

[ Meanwhile in Tunisia, we have bigger fish to fry in warmer surroundings, oh for being on a Mediterranean Beach right now.
Let these silly ignorant foreigners spend money on dry holes here. ]
.
While we are roaming far, the big players seem to have confidence spending money here on our doorsteps.

[Oiler]

Fair enough and thanks for that Chris, that assessment was a off the top response to an earlier posting namely.

[ Meanwhile in Tunisia, we have bigger fish to fry in warmer surroundings, oh for being on a Mediterranean Beach right now.
Let these silly ignorant foreigners spend money on dry holes here. ]
.
While we are roaming far, the big players seem to have confidence spending money here on our doorsteps.

Not a problem FABS and thanks Chris for explanantion.

[fabs]

Dates of AGM announced.
Why don't they skip it and put the money saved towards a pay-rise for those hard working Darlings in Management .

[Sideshow Bob]

Dates of AGM announced.
Why don't they skip it and put the money saved towards a pay-rise for those hard working Darlings in Management .

Stop it Fabs....they think you are being serious!!

[Arbitrage]

Not sure why they shifted back to Wellington. There was a good turnout in Auckland last year and the food was good. Maybe too many shareholders live in Auckland? Hope they are not trying to do what GPG did for years having their AGM's in London to avoid tricky questions from the floor.

[Balance]

This probably explains why David Salisbury resigned from NZOG.

Most profound revelation yet - CEO of NZOG lost confidence in Peter Whittal several months before month's explosion and before Peter took over as CEO of PRC:

http://www.nzherald.co.nz/nz/news/ar...ectid=10739851

Looks like the board of NZOG should have listened to David Salisbury?

What a bunch of incompetent nincompoops the Board of NZOG are coming across as.