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timez1000

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Re: crudeoil24 post# 10938

Sunday, 04/04/2021 12:41:41 PM

Sunday, April 04, 2021 12:41:41 PM

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Would prefer a JV over a buyout but, if a buyout were to happen it would happen soon, because the price tag for 88e will just get more expensive as oil continues to rise. Conocophillips paid $13 billion for Concho Resources and its 1 billion in proven reserves end of last year, but that deal was negotiated when oil was $40 a barrel, now it would have a higher price tag.

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