PETROCELTIC (PCI):CHART AND DISCUSSION THREAD (moderated)

Vavoom2

"Its normal practise world wide for E&P companies to pay the full cost of a duff well."

Hhmmm!...But you forgot to add "and their partners unless stated as free carried"..

So it should read [without a free carry clause] "that all partners will pay the cost."

So it is important to remind folk that Sonotrach are a partner and are being free carried until a new discovery or a field is deemed commercial...

Hope this helps..

Your pal Bronco.