IVZ 1.41% 7.2¢ invictus energy ltd

But Dash, who would takeover IVZ?Aussie mid-tier gas company? -...

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  1. 812 Posts.
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    But Dash, who would takeover IVZ?

    Aussie mid-tier gas company? - nope, they have too many problems of their own back home.

    International mid-tier explorer? Tullow, Africa Oil, Eco - don't think so. They have seen how hard it is in "friendly african countries" like Namibia and Kenya and I doubt they have the stomach to taken on basket case Zimbabwe's sovereign risk.

    International major? Total, Shell? nope, same as above.

    International producer; Sasol, BW Energy? Maybe. BW have taken an interest in Recon, our Namibian equivalent. Sasol have depleting gas fields in Mocambique, also equivalent to us.
    However, a producer is not likely to move until the gas resource is proven.

    Second world Oilco? Sinopec, PetroChina, Qatar? Maybe, most likely with home country backing.

    So, much as a takeover would be nice, I cannot think who might be interested?


 
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