09-26-2006, 01:40 PM
|
|
Hialeah Park
|
|
Join Date: May 2006
Location: Stamford, NY
Posts: 4,618
|
|
Quote:
|
Originally Posted by ezrabrooks
DTS, I am really trying to follow your logic with regard to the Sudan..but, I am missing something. This huge field of which you speak, substantiated by seismic operations and one (1) well, is owned by who? My guess is that whoever conducted the seismic operations, and drilled the so called discovery well, is going to own the concession, and therefore, have the right to develop same (if there is a field). The capital expenditures to develop a field of this size will be huge, therefore, I am guessing that a State sponsored company (like China), or group of non state sponsored companies, will have the lion's share of the ownership. From the Article you posted, US companies are barred from participating in this concession...so, with regard to this new, although still questionable, discovery, a change in the US policy towards Sudan is going to do what? Sounds to me like the window of opportunity to get into that deal has closed.
Ez
|
I don't know who did the exploratory drilling. I do know that the '97 sanctions prevent US companies from participating. Doesn't it state in the article that there are "ways around" this?
Is this why the US has been slow to stop the genocide? hmmm..your guess is as good as mine.
|
Threaded Mode