The wording is 30% in its field, not 30% in its stake.
You will be disappointed if you think it is for 12%, not sure of any fields of this size where BP has a 12% interest particulariy when they are buying in. Malcy mentioned operatorship also, do you thing BP will become operator with 12%?
People are also putting too much emphasis on the $600m, this appears to have been plucked out of thin air by a reporter. The actual figure could be anywhere from $400m up to $1b+.
Time will tell.
BP seeks stake in Cairns Senegal assets, page-65
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Last
46.5¢ |
Change
0.010(2.20%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 47.0¢ | 45.5¢ | $116.3K | 247.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22574 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 10000 | 1 |
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| Last trade - 15.00pm 17/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |