RE: Capricorn and Tullow to merge1 Jun 2022 09:20
"Merger with RKH possible?"
Why? They are dependent on a single well west of Shetland and their largest shareowner is going to sell up within 18 months. They need production NOW - not 5-6 years in the future.
Buzz - you read that someone, anyone, has cash and then suggest they're going to buy RKH. You didn't mention the people who won the EuroLottery but they also fit the bill. Face it - RKH is a small, almost bust, niche investment. They're spent 12 years plus trying to get people interested and its been extremely hard work. With luck they may be saved by the OM cash