Mon dieu, take note of Palang Sophon and it's bits and pieces .. The SPV owns 90% of G11/48, which contains the partially developed Nong Yao oil field. The 10-per-cent partner in the block is Palang Sophon Ltd., which is also Valeura's partner in its G10/48 licence, acquired earlier this year. Absolutely perfect , as any NewCo could be efficiently managed by existing management
...more