I’d like to hear Pet’s thoughts on the similarities btw Cove’s Nat gas reserves & the estimates from Elk/Antelope-Triceratops. Based on what I’ve found if you use Shell’s current offer price IOC should be trading at $85-90 on elk/Antelope alone not including Triceratops. Another interesting thing is that Morgan Stanley was the lead IB for Shell on the Cove offer
I’d like to hear Pet’s thoughts on the similarities btw Cove’s Nat gas reserves & the estimates from Elk/Antelope-Triceratops. Based on what I’ve found if you use Shell’s current offer price IOC should be trading at $85-90 on elk/Antelope alone not including Triceratops. Another interesting thing is that Morgan Stanley was the lead IB for Shell on the Cove offer