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PSA 12.5¢

china oil not until mid 2006

  1. miningnut

    6,053 posts.
    Today's announcement from ROC is saying that if the appraisal drilling is successful then the development won't produce the first oil until mid-2006-I'm sure PSA said that production would begin second half 2005 in their Dec presentation-I know there's been a three to four month delay in the drilling but I'm finding it hard to accept that production won't commence until mid 2006.

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