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go seek

04/19/10 10:42 PM

#768 RE: DewDiligence #766

They are wanting to attract other buyers...and Slice "the pie" more ways.
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exwannabe

04/20/10 7:45 AM

#769 RE: DewDiligence #766

Re: COP quiz for cynics

I can not resist a challenge to my cynicism.

In the short term the spin off would negatively impact financials, and therefor reduce the CEO's bonus.
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OakesCS

04/20/10 8:54 AM

#771 RE: DewDiligence #766

quiz lukoil

i'd say liquidity. while capital has crept back into russia from the great exodus in 2008 i have my doubts that there are western oil companies willing to pony up taking cop's stake, russia probably won't allow sinopec to take the share, and deep pocket russian investors probably want to park their money outside of russia.

and what's the deal with the 21% of net profit dividend?