The wording is 30% in its field, not 30% in its stake.
You will be disappointed if you think it is for 12%, not sure of any fields of this size where BP has a 12% interest particulariy when they are buying in. Malcy mentioned operatorship also, do you thing BP will become operator with 12%?
People are also putting too much emphasis on the $600m, this appears to have been plucked out of thin air by a reporter. The actual figure could be anywhere from $400m up to $1b+.
Time will tell.
BP seeks stake in Cairns Senegal assets, page-65
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 49.5¢ | $14.63K | 29.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49748 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 9861 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |