Way Forward - Vote YES

[Tree]

OSH must respond.

OSH bid or bow to XOM by 7/21?

Unlikely OSH will raise XOM's bid.

BID- If OSH makes new offer deemed Superior current YES votes remain in support.

No votes are void.

BOW- IOC BoD deems XOM Superior Proposal and supports a YES vote.

Vote date clock reset.  Aug?  Sept?

If you've voted YES to date, I've been told your YES vote remains in support of the XOM sale, as a Superior Proposal has been accepted.

If you've voted NO to date, your NO vote is void, as a Superior Proposal has been accepted.

Way forward is to pressure TOT or others to enter bidding by voting YES in support of XOM Proposal.

Rejecting an XOM offer (or OSH offer if trumps XOM)  would tank pps.

If you see buzzards circling today the skies will be black with them if we reject XOM (or new OSH bid).

Way forward is to vote YES for each and every subsequent Superior Proposal.

Hession lit the fuse with the OSH 'starter' deal.

Let's apply positive pressure.

[ArtM72]

That is absolute bullshit Tree. A YES vote sells the company to OSH under the terms of the deal A NO vote is not void. A NO vote VOIDS THE TRANSACTION which is what we want.

In your post you have done EXACTLY what Peter Botten and Michael Hession wanted you to do: conflate and confuse the matter at hand. Hard to restrain myself from a personal attack at this point but I will.

[jdeo1969]

[quote='Tree' pid='74201' dateline='1468932431']

OSH must respond.

OSH bid or bow to XOM by 7/21?

Unlikely OSH will raise XOM's bid.

BID- If OSH makes new offer deemed Superior current YES votes remain in support.

No votes are void.

BOW- IOC BoD deems XOM Superior Proposal and supports a YES vote.

Vote date clock reset.  Aug?  Sept?

If you've voted YES to date, I've been told your YES vote remains in support of the XOM sale, as a Superior Proposal has been accepted.

If you've voted NO to date, your NO vote is void, as a Superior Proposal has been accepted.

Way forward is to pressure TOT or others to enter bidding by voting YES in support of XOM Proposal.

Rejecting an XOM offer (or OSH offer if trumps XOM)  would tank pps.

If you see buzzards circling today the skies will be black with them if we reject XOM (or new OSH bid).

Way forward is to vote YES for each and every subsequent Superior Proposal.

Hession lit the fuse with the OSH 'starter' deal.

Let's apply positive pressure.

[

That's the strangest logic and reasoning I think I've read on this vote, so much it almost makes me wonder what you are trying to do here.

[Tree]

IOC is being sold. No way around it.
Supporting every 'Superior' proposal creates tension and forces all bidders to work toward their ultimate best offer.
XOM came in ONLY because the OSH 'starter' bid which had shareholder support.
Voting against incrementally better bids is suicide.

[ArtM72]

[ That's the strangest logic and reasoning I think I've read on this vote, so much it almost makes me wonder what you are trying to do here.

Simple: conflate and confuse. We have a tree troll here.

[johnwgrant]

Won't the vote be cancelled? You can't vote on a proposal that the BOD has pulled their support from - can you?

Certainly, IOC's BOD will reverse their decision and no longer support the OSH proposal (once the 3 day period passes)?

[Tree]

[ That's the strangest logic and reasoning I think I've read on this vote, so much it almost makes me wonder what you are trying to do here.

Simple: conflate and confuse. We have a tree troll here.

We have a Utopian here.  Utopia is great place to be if one can't deal in reality.  Your dream scenario is not an option.

Today, 07:33 AM Post: #2

ArtM72   Wahooist Posts: 2,734 Joined: Mar 2012  Reputation: 257

RE: What will Total Do? And there is NO bottom lower than zero, which is where Triceratops, Bobcat and Raptor are valued along with the 20-40 other prospects that have been "high graded" over the past two years at a cost of tens if not hundreds of millions of (our) dollars. Here's my dream scenario: Sell PRL15 at $65/share Fire Hession and his board Hire Mulacek and his board Proceed with development of the "valueless" property as the born again IOC.

[ArtM72]

And there is NO bottom lower than zero, which is where Triceratops, Bobcat and Raptor are valued along with the 20-40 other prospects that have been "high graded" over the past two years at a cost of tens if not hundreds of millions of (our) dollars.

Here's my dream scenario:

Sell PRL15 at $65/share
Fire Hession and his board
Hire Mulacek and his board
Proceed with development of the "valueless" property as the born again IOC.

[ArtM72]

Ah. Hit a nerve, did I?

[Tree]

Ah. Hit a nerve, did I?

No Art.  Thanks for your concern though.

Here is what a hit nerve reaction looks like:

Today, 09:02 AM Post: #2

ArtM72   Wahooist Posts: 2,737 Joined: Mar 2012  Reputation: 257

RE: Way Forward - Vote YES That is absolute bullshit Tree. A YES vote sells the company to OSH under the terms of the deal A NO vote is not void. A NO vote VOIDS THE TRANSACTION which is what we want. In your post you have done EXACTLY what Peter Botten and Michael Hession wanted you to do: conflate and confuse the matter at hand. Hard to restrain myself from a personal attack at this point but I will.

[ArtM72]

That is absolute bullshit Tree. A YES vote sells the company to OSH under the terms of the deal A NO vote is not void. A NO vote VOIDS THE TRANSACTION which is what we want.

In your post you have done EXACTLY what Peter Botten and Michael Hession wanted you to do: conflate and confuse the matter at hand. Hard to restrain myself from a personal attack at this point but I will.

[jdeo1969]

IOC is being sold. No way around it.
Supporting every 'Superior' proposal creates tension and forces all bidders to work toward their ultimate best offer.
XOM came in ONLY because the OSH 'starter' bid which had shareholder support.
Voting against incrementally better bids is suicide.

I'm trying to follow you here. Tou are suggesting voting yes on each subsequent bid prompts another bid correct?