Tapis oil is now trading for $130 AUD!
Plug that into your present value models and it gives reassurance that Sinopec will want to complete this deal no matter what.
They got a bargain valuing the fields at $1bil AUD... thats only 7.7mil barrels in-ground value.
oil trading at 130 aud
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)