09-25-2014, 09:30 PM
Steve-An oil and gas lawyer with decades of experience commented on the legal dispute on this board. He owns stock in Interoil. What Relker states was the position of the lawyer. Others might take the time to bump up the thread where this is all discussed.
Further both Total and Interoil have commented on their position that the deal is legit. For more verification the MD and A has comments from Interoil about the arbitration. Best to find the thread and read the lawyers comments and to read the Interoil MD and A comments.
The larger picture per Bernstein and CSFB is it just doesn't matter who wins what matters is the development of the field.
Having 2 Super Majors want to develop your finds is in reality a good thing. Competition is a good thing.
Further both Total and Interoil have commented on their position that the deal is legit. For more verification the MD and A has comments from Interoil about the arbitration. Best to find the thread and read the lawyers comments and to read the Interoil MD and A comments.
The larger picture per Bernstein and CSFB is it just doesn't matter who wins what matters is the development of the field.
Having 2 Super Majors want to develop your finds is in reality a good thing. Competition is a good thing.