backontrack, when two oil companies think of merging there will ALWAYS be some upcoming and high potential wells on the near horizon. If they waited for all the results to be in they would never do a deal. While the two companies are discussing terms, in this case ARQ would be letting AWE know what they think of the upcoming possibilities and AWE would allow for that in their numbers. Stokes Bay is not going to have a material effect on a merged $2 billion entity. Obviously with one third the exposure that ARQ has and a lousy $8 million market cap, it is very material to EMR.
merger, page-6
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$3.69 |
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-0.010(0.27%) |
Mkt cap ! $2.421B | |||
| Open | High | Low | Value | Volume |
| $3.59 | $3.70 | $3.57 | $7.560M | 2.053M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4637 | $3.69 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.72 | 25645 | 5 |
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