Blair Price Direct Response to Gefvert?!!!

[Getitrt2]

At Gefvert's Seeking Alpha article from yesterday, there is a "Reply" at 02:24 AM, 10 April, from "blairp" as follows:

"Used the word "involved" because you can have joint venture bids. Joint ventures are very common in the petroleum industry because of the big price tags. Blair Price. "

It appears that Price did not appreciate Gefvert distorting what he said for his own short purposes, and informed Gefvert that he did indeed mean to say that "at least two supermajors" are bidding for stakes in E/A, just that they may be bidding for partial stakes as part of a joint venture.  If true, that also could explain why the process may have become somewhat more complex and extended than it might have otherwise.  I have been thinking that the deals may have more new partners in it than previously thought, and this could be another indication of that.  It appears that Blair Price has just blown apart Gefvert and his ridiculous claims and theory of "new evidence"! 

[Tree]

Huh,
Pavel's update set the Gefvert record straight last week.
Calvin College set the Gefvert, and cronies, record straight today.
Bair Price needs to set the Gefvert record straight on SA.

Is there a pattern here? Just like Bonk and Sussman, they throw out rubbish and if it is left un corrected, then their record stands.
Thanks Getit. this is too funny.

[Palm]

Ha! That's great. Even if its a fake Blair Price what he says is correct. Gefvert better be getting paid well to be wrong because his investment career will be short lived.

[admin]

While I have to say that I haven't actually read the article but the assumption seems to be that there are no real bids and it's all a big show by management and investment banks. And if that would be true, it would all come out in the end anyway. That is, needless to say, as bizarre as comparing IOC with Bre-X (which he did on one of his previous endeavors), so I'm not losing any sleep over this, to put it mildly.

I have to admit it takes more time than I thought (or hoped) it would, but I'm not a specialist in putting complex international energy deals together so my opinion counts for nothing in this respect. What I do know is that only very few people have anywhere near a complete picture, so I would take anything you hear with a considerable pinch of salt.