RE: When folks whine about trusts...This talk of trusts is somewhat off topic but it is an industry related issue.Here is my two cents for what its worth.
First of all what is the true loss of this multi millionaires investments? Considering his dividends and his assets now repriced?
Second.You cannot always trust governments in this case a government in another country.Does this ring a bell!
Third Could Exxon/Mobil sue the Vens for taking over their lease?
Finally, Did this investor have time to sell his investment before the new law took effect? In other words would not the prudent and safe course of action be to anticipate a possible loss.As far as I am concerned NAFTA is a special trade agreement set up for large corporations. Don't get me started on that!
On a more practical but humorous note ,how much more money does this 75 year old guy need!
Meanwhile what is the best time guess for spudding the upcoming North Sea
project.What is the best time guess for Husky to spud the NWT project?
Best,
onehafnorse.