RE: Majors22 Oct 2021 11:25
I’d be staggered if we were subject to a takeover although majors are well aware of the potential of our deep discovery as they are developing ….. ‘ 5+ deeper zones where offsetting competitors (Anadarko, Chesapeake, EOG) have licensed 10,000 locations)’ ordinarily a major would wait for someone like copl to do the leg work here to get to peak production.
That being said the price is being controlled for an as yet unknown reason. Takeover would suit me just fine as I have had enough of not being given fair value, but Art will want to prove this up fully I imagine and it’s far more likely the joke SP is for the CUDA WI.