07-24-2012, 02:26 AM
'Palm' pid='7118' datel Wrote:We recently saw the Cove deal; huge premium, the other Canadian company; a huge premium and now this Nexen deal at a 61% premium. These were for at-sea and shale assets. Wonder what someone would pay for a land-based liquids-rich resource?
does anyone have an estimate of what the Cove deal was worth ($/per mcf)? i always see it quoted in the press that they own an 8.5% stake in the mozambique field, but when i looked through the filings, it wasn't as clear as that to me. And I'm not sure what type of tax or share goes to the mozambique government - and whether that was already factored into that 8.5% stake. The resource estimate also seemed quite wide to me. Thanks.