05-23-2013, 11:56 PM
Some quick rough math, would indicate an approximate value for the EA field only at about$10 billion for IOC's share, which is about $200 a share, presuming the winning bidder pays $2 per mcf. So it woiuld be hard for me to believe that a losing bidder would not be willing to pay in excess of $200 per share to buy the whole company.I certainly would, if I had the financial resources.Am I missing something?

