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Re: jeslookin post# 16780

Tuesday, 03/18/2014 3:21:02 PM

Tuesday, March 18, 2014 3:21:02 PM

Post# of 21090
Yes the list of possibilities gets narrower as information is revealed. I kind of discount the Tullow takeover theories but if you include them:
a: Tullow buy out or merger. Doesn't bode well if the new ownership wanted them to hold off on Guinea.
b: Tullow threatened with a hostile takeover. Circling the wagons on short notice and can't tell the partners due to confidentiality. Seems a little more plausible.
c: Tullow wants to prioritize producing assets/ under pressure to perform financialy. Plausible but why cold shoulder the partners?

So far I haven't hit on anything that passes the sniff test... hence proceeding with extreme caution.