ref above....JGWhitelaw....`the next thing you`ll be saying is that Schlumberger will be forgetting about it....for old times sake`...
the oil industry is a very close knit community,Shclumbergers CEO and Remp are undoubtedly known to each other...possibly even friends. If Shclumberger wanted their `pound of flesh`...Ramco would have been gone to the wall six months ago...it was within their right to put ROS into administration...but they didn`t....for `old time sake`.....and as it turned out, good business accumen.
ps, I ROS uses this cash to repay the Schlumbereger debt, which I`m sure it will , then the company will retain it`s credability within the industry.