Looking through PMOs producing assets their only interests in condensate are minority holdings (5% and 19%) in two fields neither of which they are operating. Seems likely they are not interested because it is not where their expertise lies.
RE: Cost of getting oil out of the ground in Alaska?06 Apr 2020 14:08
And 10 minutes later there was likely another senior oil person who said $50-$60 will be the new norm. Let's face it there is an oil expect on Bloomberg or CNBC or Twitter every few minutes with their own guesstimate!
The Saudi-led Organization of the Petroleum Exporting Countries will convene a virtual meeting on Thursday with other oil-producing nations including Canada and Russia, aiming to negotiate a truce in a Saudi-Russia fight for market share that has cratered oil prices over the past month.
Saudi Arabia has delayed pricing its crude for May delivery as it awaits the result of the meeting. The move represents a cease-fire in a price war that has contributed to a 70% drop in oil prices since early March, when Saudi Arabia and Russia split over how to respond to a global coronavirus outbreak.
Delaying the pricing decision is an act of good faith from the kingdom showing it wants to strike a deal but also a threat it could resume the fight if talks fail, OPEC delegates said.
I'm a former director of a dissolved company, we sold out to another company and dissolved the original one as it was no longer needed. Some dissolved companies have failed, but some are dissolved due to retirement, others so entrepreneurs relief can be crystallised, others if they are no longer needed if there has been a buyout.