XOM and IOC Agree to extend outside date by 1 week!

[ioc.aussie]

The fact that the fairness opinion didn’t place a value on the contingency payment and was itself contingent on the deal closing, Newbury wrote, “clearly undermines the utility of the opinion to the directors, the shareholders and the court.”

For XOM to make this simple, do they wait for A7, re estimate the total gas volume, then make a suitable offer with all facts on the table.