"1. If they do change the contract to 49% for a commercial viable project its still a very good deal especially as it is compatible with other countries % take and nothing out of the ordinary."
Rubbish you idiot!...they have just been/will be stripped of all future incomes including sales by 26% by the whim of the government..!!!!but they still have to fund 100% of all costs until quote 'new discovery is approved' or 'commerciality approved'..doh!..what a dumb head you are!!
2. "The information does not come from an official Government announcement."
WE know that you idiot but that will be officially announced later..try and tell us something new..
"3. and as such any changes have to be ratified and when required compensation paid.
( Ref Bolivia 2006 oil companies take Government to court. )"
What an idiot you really are!!!!PSC's vary from country to country you dumbo!
..and what has Bolivia got to do with Al;geria??????..what a joke you are you stupid boy!!.."Contracts are signed under international law"..what a load of crap, you idiot ..just shows you how much you know...stick to pen pushing son..
4. "Normally old contracts operate until their time is up."
Oh really? then why do you continue to contradict??..'normally' you say but where are those contracts signed and in which country..???...Many companies pull out because of unstability...the only contracts that see the end of a mutually agreement are in stable countries who do not move the goal posts..
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