Tuesday, November 28, 2006

Deutsche backs off, Energi failed to raise USD600 million

PT Energi Mega Persada (EMP) is reportedly failed to raise USD600 million as Deutsche Bank backs off from the refinancing deal.




Anonymous Anonymous said...

Investors must be very concerned with the Lapindo's case and potential legal implications. Bear in mind Lapindo was incorporated in state of Delaware, USA. Who knows of potential class action filed in US court....

November 28, 2006 2:37 PM  
Anonymous Anonymous said...

Not in US Court,,,but here..
If i were a people of Reno Kenongo village, I would gather masses to set up a class action to Bakrie Family....
I think class action is the most scary move for Bakrie Family....so be ready for it!

November 28, 2006 3:22 PM  
Anonymous Anonymous said...

Why Bakrie?
First Lapindo belongs to Energie (50%), Medco (32%) and Santos (18%)
Second are you sure it is caused only by Human error?
The first Mudflow erruption came out not from the drillingswell of Lapindo but from other well (150m away from the drillingswell).
Now it happend also in Kalimantan and Cepu.
A Proffessor from Italy quoted by Strait Times said that it may be caused by earthquake (4.0 scala Richter) which happend two days before.

November 29, 2006 2:32 PM  
Anonymous Anonymous said...

kontraktor yg ngerjain drillingnya kan bakrie or closely related to bakrie.. and from what i heard a lot of cutting corners were involved in the process.. so i guess its fair enough for panigoro to be pissed since bakrie did not follow the correct procedure... linking what happened in lapindo with natural disaster is just a total bullshit.

November 30, 2006 6:09 AM  
Anonymous Anonymous said...

What happened in Cepu may differ from Porong, and now we're approaching december yet no working interest holders claimed responsible. I think the BP Migas should be responsible because they're the ones who gave the permit to drill. Still, Lapindo should take more responsibility since they did fail to follow the standard drilling procedure. Now it's the race between the rain and the statement from those who should be responsible. Relief well drilling is unable to stop the flow; hence, govt is losing face. It's time to act for Porong people's class action against the working interest holders.

November 30, 2006 4:20 PM  

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