Friday, April 27, 2018 9:26:07 PM
Compelling article detailing shells expansion strategy which started almost 3 years ago and as oil rises..... I would be blind , albeit hopeful, to not recognize a potential offer from the company that owns Malampaya, to wait and see what we drill, before making an offer to buy All outstanding shares of Forum and just run the damn pipe themselves to their existing wells/platform.. What would a pre development deal be worth? Just a billion? It would equate fecofs shares to about .25 cents a share of that played out. Very likely? Maybe not. 25% chance?....... if there is 5tcf I'd say a 60% chance they make an unsolicited offer. Bargain up to 2 bil and I might just take the quick 50 cents and search for the next Google or Netflix stocks. Just speculating but with Malampaya right there it's not a far out possibility at all.
https://mobile.nytimes.com/2015/04/09/business/dealbook/royal-dutch-shell-bg-group.html
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