STX strike energy limited

Ann: Exceptional Production Test at Erregulla Deep-1, page-301

  1. 143 Posts.
    lightbulb Created with Sketch. 79
    OK hear me out. A nil premium scrip merger with CVN. They have a small interest in a cracking offshore project and a heap of cash they are sitting on that they are not likely to need for a while (gulp!) which could be invested in our near term projects in the meantime. Their cash builds our projects and the cashflow from our projects funds their Bedout project in due course. We could also bitch about our respective JV partners together.

    Win win win!
 
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