RE: Something to think about8 Feb 2015 16:05
Hufc....bit of a stupid post mate. Nobody seems to be saying they are going it alone so your point re cash at hand is pretty irrelevant.
You wont hear of any farm in until the RNS hits, just like you wouldn't have heard same with RKH or FOGL's, just the same you wont hear any flow rates on say UJO ...until RNS hits but that aint stopped you investing (hope you get a turn there tho genuinely).....similarly with say RKH when they had original hit on sealion, wasn't confirmed until RNS hit but didn't stop many from taking the punt and becoming pretty wealthy by doing so.
Back to slots, its actually PMO/RKH , PMO being principle financier, then its FOGL, Noble and Edison, sharing financing but again principle party is Noble.
Why would anyone take the offer of ARG....well pretty much any firm looking to either gain further acreage with very bullish full 3D seismic's pre worked and analysed and targets chosen. It was no secret back in the original FI campaign that ARG had possibly the largest and best targets, sure you know one of the main one's is considered a mirror to Sealion itself.
Now generally for any firm on the hunt for assets its a buyers mkt, ARG f'd up being too greedy previously in any negotiations.....but with PoO as it is and what could be a final opportunity to realise potential of the assets.....well put it this way if I offer you 10 grand for a grand but you can't touch a penny until 2016 would you take the punt mate??? That's what assets such as neighbouring acreage to already proven working and tested oil finds are! So with that in mind it could be any one of the above firms or a rank outsider that would be extremely interested, agree??!!
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