InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,750.13
(
0.95%
)
US TECH 100
19,549.60
(
1.38%
)
Dow Jones
42,093.89
(
0.33%
)
Brent Oil
77.48
(
-4.28%
)
Bitcoin
62,156.72
(
-0.11%
)
Post# of 362738
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

tryoty

Send PM Follow Ignore
Followers 54
Posts 11634
Boards Moderated 0
Alias Born 12/08/2004

tryoty

Re: jsc52033 post# 151342

Wednesday, 02/11/2009 4:29:16 PM

Wednesday, February 11, 2009 4:29:16 PM

Post# of 362738
The number is arbitrary and dependent on drilling, of course. In my mind blocks 2, 3, and 4 have enough oil to be valued at $7'ish a share. I can't accept a premium higher than 50% for a buyout, so the math is Addax offers $5, and then Exxon eats them for a 50% premium.

All arbitrary.

I think soon means soon this time!

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent ERHE News
More ERHE News
InvestorsHub NewsWire

FEATURED CBD Life Sciences, Inc. (CBDL) Reaches Unprecedented Heights With Explosive Growth and Strategic Expansion in 2024 • Oct 8, 2024 8:00 AM

BNCM COMPLETES MERGER WITH DELEX HEALTHCARE • BNCM • Oct 8, 2024 9:54 AM

Unitronix Corp. to Invest $3 Million in USA Unity Coin Project • UTRX • Oct 7, 2024 7:08 AM

North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM

Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM

Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM

Start posting your company's news
Only $200 per official company press release!