RIFT OIL, Drilling for Oil in Papua New Guinea

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fludde - Thu, 21 Dec 06 :

Hect, finding the oil they were looking for would have been considered good fortune. Finding this quantity of gas near a distribution network would have been good fortune. Finding this amount of gas in the middle of nowhere without a means of economic transport is unfortunate.

As holder I hope there is an profitable solution, but I don't think we know what it will be yet.

My concern is that with 100% buys, albeit small £'s value, the share price has not reacted since that first tick up. This suggests no one has found a way to make a profit from this yet.

Bugger....


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