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mz157

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mz157

Re: RUBY1100 post# 27577

Thursday, 03/02/2006 7:07:59 PM

Thursday, March 02, 2006 7:07:59 PM

Post# of 362079
At the same time, Chevron is understood to have entered talks with Conoil to acquire the independent's stake in Block 4 in exchange for a commitment to develop Conoil's deep-water block OPL-257 in Nigeria's own waters and possiblly reimburse the $100 million signature bonus it paid to secure the licence.

so 100 million + the costs of development of the opl 257 - any of you oil guys have an approx cost of what cvx is valueing Conoils %?
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