Petrel Resources - moderated discussion/research part II
bahouse - Thu, 22 Dec 05 :
trader11
Exactly! It would either be a christmas starter or New Year one! Only few days in between! The jordanians are calling on international cos to invest. Less than 2 weeks ago a Jordanian Minister stated Jordan has always had oil, but that lack of funds prevented them from exploring for it; this is to disguse the fact Jordan was getting free oil from Iraq as I said before, and therefore there was no incentive to spent money while they were getting it for free. You understand he can't say that, can he. However, the game has changed now Saddam is gone, hence the Jordanian having to rely on their oil. It is true, though that they lack fund hence their deisre to see int. cos exploring and very quickly.
They don't want to give the impression they are slow or messing about, and lose the confidence of internation cos. So news should be very soon re Pet PSA, Sonoran already got theirs few weeks ago.
Oh nearly forgot about Jordan gaz and as we know gaz is now extremely profitable - just check your bill, LOL! Anyone saw BBC2 Newsnight last night on Gazprom of Russia?
