'jft310' pid='79135' datel Wrote:What's happening with Oil Search raising estimates is what most likeky will happen to Interoil's acreage . Thus smart money will dissent .
JFT - Good evening to you . As I was about to go into my nap this afternoon,I put my 'thinking cap' on again.....I know,gets me into trouble ! Ha,ha. But.....I still can't wrap my head around the OSH announcement about the Muruk well . I know other fine bms have commented on it,but now the news artcle just YELLS at me.
If the Muruk well (2 tcfs) is valued at $14 billion,and A/E at 7-8 tcfs (minimum). $4 billion....[ with Exxon willing to pay crp up to 11 tcs ] ,why are so many willing to accept such a low-ball offer? Maybe they just want to give up and go away .( Sorry if I am just "beating a dead horse"
. Thanks to you & all for letting me 'vent' a little this evening . Now I'll go have my scotch and water. ....The heart doc said I could have 2 per evening " border="0" class="smilie" src="http://shareholdersunite.com/mybb/images/smilies/rolleyes.gif" />.