07-25-2016, 08:08 PM
Total can save making the promised payments in the SPA to IOC by making a bid. Those payments are substantial and if all those payment requirements transfer to the buyer of IOC as I believe then Total is compelled to bid.My opinion is based on conversations 2 former IOC execs who own substantial positions in IOC stock.They both think Total will bid at some time.
Phil addressed in his presentation the possibility of the lack of a large difference in asset size between Ant 6 and 7. GLJ has included much of what Ant 7 can provide. How much with one well will the asset jump ???
Phil addressed in his presentation the possibility of the lack of a large difference in asset size between Ant 6 and 7. GLJ has included much of what Ant 7 can provide. How much with one well will the asset jump ???