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Govt studying Exxon-Kosmos deal

Comment: AKOSUA

Author:
MKO
Date:
2009-10-08 08:13:54
Comment to:
TO KOBENA


Kosmos is holder of equity because the committed money / and resources to buy a license form the gov't, or bought into (took a stake) a company that has earlier acquired a license.

They then contributed in the investments for exploration. The exploration could have unsuccessful - therein lays the risk.
Bear in mind that before the discovery no one could GUARANTEE that oil is DEFINITELY there.

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10-08 04:51
 
 
 
 
 
 
 
 
AKOSUA
MKO
10-08 08:13
JAH-jerry >>>>>>>>>>>>>>>>>>>>
10-08 09:05