This is insane! RBS would consider taking over ONSL itself? They cannot operate ONSL. They would probably have to hire Oilexco to operate it for them. So what was the purpose of RBS having a receiver appointed and forcing ONSL into bankrupcy then? I thought that they wanted their money for their loan? They could have just foreclosed on the properties ONSL owned that had been put up for collateral on the loan. All of this negotiating amongst the Receiver and others is making the lawyers rich.... No wonder RBS is in such a mess.

Cheers; Scott