Ann: Martlet Field 2P Reserves Estimation, page-6

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  1. 35,276 Posts.
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    Furious agreement from me, rabbi: Davies must have been spooked by SXY SP falling way below FV. Holding tight would have been more mature IMHO. Davies did an extremely good interview with Helen Dalley on Sky News Business, posted elsewhere on HC, everything looking promising & SXY SP drop entirely POO related, why did Davies do it unless of course they do have interest from a bidder (but u would think they would need to discose any potential bid): the lack of hedging might cause a problem in due diligence. Davies has form selling QGC to BG Group & in current climate some coy's like ORG, AGL, STO & even BG Group must be considering acquisitions when POO normalises you would think but DYOR.
 
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