The age was going to be my next data point to track down since it does seem that the years of experience do not line up
And I only have a middle initial for one bio, that could be an exclusive data point
As far as what I think Vaalco could be interested in
I doubt that Delek’s stake would be for sale so that leaves a buyout or merger
Of those two, a buyout at $20M market cap probably wouldn’t get shareholder approval even if Seitz would allow it
A merger (structured as primarily a stock exchange) would be most likely, IMO, since it would retain shareholders value for future upside and access the capital required to drill Tau2
The Vaalco thing is still a longshot based only on intangible and speculative “clues”, but the same principles apply to a possible merger or financing by any other entity
spec
- later this evening I will try to track down more info, just too clumsy trying to sift large amounts of text on my phone screen
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