Originally Posted by
shasta
I'm not so sure NZO would want PPP anymore, if they did they have had ample opportunities at much lower prices.
Ok, NZO would get another 10% of Tui, but the bulk of the oil @ high flow rates is nearly gone, or will be soon.
The flow rate will drop off as the water cut rises (although so far so good), & PPP don't really have anything else that NZO would want.
I'd imagine if your waiting for a T/O of PPP, watch TAP & AWE.
I've always said any T/O of NZO or PPP would have to be friendly to get anywhere, & that would most likely mean AWE?
Disc: Ex NZO & PPP holder