GREY:ROAOF - Post by User
Comment by
edsylon Jan 07, 2009 2:57pm
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Post# 15689219
RE: RE: RE: RE: RE: Administration
RE: RE: RE: RE: RE: Administration"MS in the picture to me makes no sense if the rig deals can be dealt with."
Ed,
Theoutcome may not be option a,b or c, it could be a combination of some.Ie. MS still around to sell parts of the company AND rig contracts canbe negotiated.
In fact, I like this hybrid option the best.
Giving your idea some further thought...
I had posted last night that if the rigs disappear, then how would OIL develop some of the discoveries?
Given that as a premise, your hybrid option makes sense.
Selling off Moth or Huntingdon W.I. to pay debt makes sense as they would not have the rigs anyway.
Regards
Ed