Looking through Dr Lake’s profile on LinkedIn and found this right at the end:
“Invictus is seeking a 50% partner and the data room is now open in London.”
I hadn’t seen a % figure put on the farm in before, although this may be already common knowledge. Interesting to see what 50% of “the largest undrilled, seismically defined four way dip closure in onshore Africa” will be worth. Also curious whether the 50% is from our 80% only, meaning 40% IVZ, 40% farm in partner and 20% One Gas.
IVZ Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held
