Oil Search paid $900 million cash for 23 percent of Elk/ Antelope plus agreed to pay another .77 cents per mcf over 7 T's.

Assume the worst there are no more assets found. So using OSH paid in amount the Interoil is worth $3.9 billion today .

Whats the current market cap ?  Answer $2.3 Billion. Or based on the OSH price paid Interoil today is worth $77 a share.

Was Botten wrong???

OSH's Botten also sees upside if they win the arbitration with Total .

Mr Market will figure this out.

'jft310' pid='50751' datel Wrote:

Oil Search paid $900 million cash for 23 percent of Elk/ Antelope plus agreed to pay another .77 cents per mcf over 7 T's.

Assume the worst there are no more assets found. So using OSH paid in amount the Interoil is worth $3.9 billion today .

Whats the current market cap ?  Answer $2.3 Billion. Or based on the OSH price paid Interoil today is worth $77 a share.

Was Botten wrong???

OSH's Botten also sees upside if they win the arbitration with Total .

Mr Market will figure this out.

I'm convinced Mr. Market is an electronic lemming.

'jft310' pid='50751' datel Wrote:

Oil Search paid $900 million cash for 23 percent of Elk/ Antelope plus agreed to pay another .77 cents per mcf over 7 T's.

Assume the worst there are no more assets found. So using OSH paid in amount the Interoil is worth $3.9 billion today .

Whats the current market cap ?  Answer $2.3 Billion. Or based on the OSH price paid Interoil today is worth $77 a share

Isn't this a mistake because that means OSH valuates PRL 15 at $3.9 billion but Interoil only has 36,5% stake in PRL 15 these days so IMO the $77 isn't correct.