Peephan
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"Larry' please. Also 'Pee Phan'
Thanks
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PTTEP is the Operator of Record. It does not matter who they acquired the field/well from, it is their responsiblility to adhere to the published standards and specifications. It is not normal for a 'rider' to be used in such an acquisition to protect the new licensee from the actions of the the entity divesting the asset. If there were questions regarding the viability of the well it is the Operator of Record's responsibility to take whatever actions are needed for a remedy, including the drilling of a replacement well. They are also liable for any and all repercussions, i.e environmental, as a result of operating said well.
I know for a fact that PTTEP cannot operate a chicken farm, much less an oil/gas field. The Australian Government approved them as an Operator in order othe the acquisition to go forward, and needs to fire whoever allowed that to open.
US Forces ‘Love Phuket’
in Phuket News
Posted
As usual they will lose 8-10 to the ladyboys.