RE: Patience20 Oct 2020 14:45
It’s worth remembering also that there are a lot of distressed assets and some which mid tier or majors might look to offload at material discounts as they are not longer a strategic fit for some of the mid tier companies and majors. With financing rates at low rates it can act as double discount, it would not surprise me if they are hunting for other assets, however as with these things the devil is always in the detail and whether they can execute them