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Antelope 7 paying off already.

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Antelope 7 paying off already.
Gator Offline
RIP InterOil
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#1
07-02-2016, 03:10 AM

The May 31st presentation from OSH showed a table for the CVR value with “uncapped upside” from Elk-Antelope topping out at 8.0 tcfe.  The June 24 InterOil letter to shareholders shows what the value of the CVR would be worth all the way up to 10.0 tcfe.  I guess Hession’s decision to drill Antelope 7 for the extra 1-3 tcfe was worth it. Then again, maybe it’s IOC waving a magic pixy dust carrot in front of angry shareholders.

"And maybe someday we will find , that it wasn't really wasted time"
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jft310 Offline
What I Hear.......
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#2
07-02-2016, 11:29 AM
If it's 10 TCFE that's $2 Billion Interoil received from Total for just what's in the Total deal . Zero value for rest , or Total B/S!!
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Putncalls Offline
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#3
07-02-2016, 11:35 AM
I wonder if a fly can see the current GCA calculations? Any of ya gota password? Smile
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