Mesa Offshore Trust (fka MOSH)

[ronpopeil]

Good work stervc. Even if the $240 million was accepted, that is still around $3+ per share. You would have to think PXD/Woodside would start off low and go from there. As everyone knows, during a negotiation, you almost never throw out your best and final offer. Conversely, the first offer is rarely accepted, so $240 million just may be the starting point which is pretty good imo. Perhaps when all is said and done, it would be double that amount or more which could put the payment at $6+/share. That's amazing. Now, i think one of the keys to the final outcome is what happens going forward? Does the trust terminate afterwards or will the trust continue to receive royalties. If the trust continues to receive royalties, and with the lawsuit out of the way, the share price should really explode. Thus, aside from getting a large settlement check, your shares will appreciate exponentially.

For example, let's say you own 20,000 shares and they settle for $6/share. That will be $120,000 to you. Now, if the trust keeps going on and they issue royalty payments going forward, the stock price could jump to $5-$10/share. That is another $200,000 for you if you decide to then sell. The other option is to hold on and collect the royalty payments.

Let's see how this plays out but the news from servc is positive. It shows us that PXD/Woodside are interested in getting rid of this lawsuit which means that a long drawn out lawsuit may not occur and dpay day is sooner than we think. Also, it shows me that PXD knows they did something wrong, glty