You forgot to mention:- debt- no near term development of OZ...

  1. 9,351 Posts.
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    You forgot to mention:
    - debt
    - no near term development of OZ shales.

    Can you say that NSE would not have been better served buying acreage in Eagleford Shale on the free market?

    I know STX might have been willing to sell theirs, for example, for lot less (albeit requiring development expenditure).

    With that cash, why didn't NSE just approach AQO for a modest farmin to PEL 570?




 
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