RE: $96 Billion worth of oil discovered10 Jan 2022 11:50
say in situ oil price is $10 per barrel,
then we are looking at $12 Billion for the takeover.
Oil currently is worth $96 Billion dollars+, so say Chevron buys with $10 Billion, still means $86b to make money, after all the cost clear profits in $50 Billion dollars.
who will buy COPL? 30 that's the question