akk takeover target halcon must be looking, page-6

"For me that's my only concern now, we get taken out way to cheap."

I don't think that's likely to happen mscara (the cheap bit, not the T/O). The register is still too open and given what SH now know is locked in the EFS, and more importantly, exactly where it is and how to release it, the implied values may run into hundreds of millions.

Also,

It wont be long now until both Pierre indications are revealed and oil at Pathfinder can be processed. Thats still a new field with only the one well so far. Once the well head gas handling is in place (probably the first bit to get built within the 180 day roll out period) as its the gas source, we can drill the other wells planned for Pathfinder.

Then factor in the likelihood that any approach by Halcon would immediately spook the SP and well, you know how at all goes.

I think Halcon would rather wait if they were interested, as they've arguably already got access to 70% of the Birch project, so acreage acquisition may not be a factor in any T/O thinking.

Always fun to speculate