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Percentage Clarification?
#12
I think one of the main take-aways are the deal metrics, the 900M for a 22.835% stake in 7Tcf with upside. While there is no dilution for buying out Civelli, IOC pays in one of two ways:
- Either IOC's stake will be lower than 30% or
- IOC's contract with Total will be adjusted accordingly.

Jury still out on that one, but there isn't a free lunch here.
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Messages In This Thread
Percentage Clarification? - by Markr - 02-28-2014, 03:27 AM
RE: Percentage Clarification? - by ArtM72 - 02-28-2014, 03:58 AM
RE: Percentage Clarification? - by Thylacine-2 - 02-28-2014, 04:18 AM
RE: Percentage Clarification? - by Palm - 02-28-2014, 04:29 AM
RE: Percentage Clarification? - by Petro2458 - 02-28-2014, 05:12 AM
RE: Percentage Clarification? - by CesiumFormate - 02-28-2014, 05:17 AM
RE: Percentage Clarification? - by ArtM72 - 02-28-2014, 05:34 AM
RE: Percentage Clarification? - by Palm - 02-28-2014, 05:58 AM
RE: Percentage Clarification? - by Getitrt2 - 02-28-2014, 06:14 AM
RE: Percentage Clarification? - by jft310 - 02-28-2014, 09:01 AM
RE: Percentage Clarification? - by SamAdams - 02-28-2014, 11:24 AM
RE: Percentage Clarification? - by admin - 02-28-2014, 11:41 AM
RE: Percentage Clarification? - by Palm - 02-28-2014, 11:48 AM
RE: Percentage Clarification? - by admin - 02-28-2014, 12:03 PM
RE: Percentage Clarification? - by Putncalls - 02-28-2014, 01:03 PM
RE: Percentage Clarification? - by ArtM72 - 03-01-2014, 12:23 AM
RE: Percentage Clarification? - by Palm - 02-28-2014, 12:29 PM
RE: Percentage Clarification? - by SamAdams - 02-28-2014, 12:46 PM

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