Replies to post #11812 on Value Microcaps Junior Energy

[Bobwins]

Hilcorp bought out Chevron assets and now is trying to buy out Marathon. While the incentives in Cook Inlet look lucrative, the assets are not going to make a blip on either Chevron or Marathon production profile so they decided to move on. I'm sure both are losing money on current assets due to their high overhead. Hilcorp is going to put money into the assets to revive production and turn these into profitable assets.


http://www.adn.com/2012/06/21/2515016/new-player-hilcorp-expanding-quickly.html