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roguedolphin

09/30/05 2:15 PM

#24172 RE: cliffvb #24170

cliffvb/CHAR....Anyone please tell me if I'm wrong. But if Lukoil does "takeunder" NLG.to (not a done deal yet in my opinion/better bid?).....won't Lukoil already own a majority of CHAR??

They could announce a "takeunder" for any price they want......am I right? Who could argue...they would control the majority of CHAR shares.

Anyone please correct me on that. I think we may see a better bid for NLG. It's trading for more than the announced "take-under" right now at $2.70 Canadien.

NLG has had some really promising young fields according to some and Lukoil is trying to steal the company here. If they do....they'll probably steal CHAR too.


Rogue


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DigiTech

09/30/05 2:22 PM

#24174 RE: cliffvb #24170

CHAR Value

I wonder how much they valued 50% of CHAR in the NLG transaction. Also are they including 50% of CHAR reserves?

BG