origin to takeover sxy for its gas, page-16

Cheers Jcoure,
BPT and SXY have been working on this behind the scenes for a while now i expect.
BPT in the box seat with the most available capital, although Senex have access to the EIG money as it mentions in the article...
So the obvious question to ask here is ..... what's in the potential deal for all players.
ORG want instant cash and would take a discount deal.....lets say 20% below potential value of $1.5b
That leave $300m worth of upside in the deal to be split between BPT and SXY.
Say SXY take on 1/3 of the portfolio and BPT the other 2/3 that gives SXY $100m in upside and or .10c to the SP..... potentially.
Now I can't see opening bids as yet.....but if we get some real news announce pre market ..... also given SXY have their Qrtly preso on tomorrow at 10am ..... as we know ID loves his preso's announcements, so we could see the SP open circa .37c and run up from there.
All spec .... and rough cals but lets hope we see a SXY / BPT announcement pre open.

P.S>> what's in it for EIG ..... they get to lend SXY the money at circa 9% (guess) and get the upside in the SP given they own 13% ..... nice double dip ...