Replies to post #14113 on Addax Petroleum (fka AXC)

[seek the light]

Spain's Cepsa Owner Looking At Potential IPO Or Sale - Spokeswoman
by Reuters|Friday, March 16, 2018

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Reuters
MADRID, March 16 (Reuters) - The sole owner of Spanish oil and gas company Cepsa, Abu Dhabi's Mubadala Investment Co, is considering a public listing or sale of a stake in the company, a Cepsa spokeswoman said on Friday.

"It is evaluating options for a public offering or sale of a stake to a strategic partner. It is an open process and in a preliminary phase," the spokeswoman said

The comments confirm a report in Spanish newspaper Expansion on Friday which said Cepsa was looking for a strategic partner or an investment fund to acquire part of its stake.

[midtieroil]

Total has no interest in the JDZ just like Exxon had no interest in the JDZ. Both of those companies bailed out of the JDZ years ago and there is zero indication that either wants back in after they already determined their blocks to be non-commercial.

I'm not sure that name dropping of companies that obviously have no intetest in the JDZ helps at all.