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lowman

04/07/07 9:40 AM

#94845 RE: balance_builder #94844

So....it sounds as though there has been talk of some buy-in or out? Very interesting and worth putting in the top 20 of my watchlist.

What is the o/s or marketcap, and revenues?

TIA
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oil-cowboy

04/07/07 9:50 AM

#94848 RE: balance_builder #94844

Given the Addaxx sp right now, a stock swap could well be in reach for them. I can only see them wanting to increase their position in the JDZ already. Were already neck deep in bed with them so really they are basically protecting their investment by doing so.

It will be interesting to see what Chevron does soon. If they do drill soon it will be barely announced and given little pr IMO ,