12-27-2012, 01:55 AM
OK so IOC controls about 55 percent of 12 TCF = 6.6 TCF
Times $3 per MMbtu is about $20 billion
Comes to a bit over $400 per share.
Say about 4 shares of CVX per share of IOC.
OK I'll take it.
Just a morning thought.. FOR FUN.

