what about the possibility of STO wanting to buy into Poseidon ?
think about it. Proteus / Crown connection, existing JV with COP in Darwin.
data on Proteus would almost serve as an appraisal well in Crown ( they can confirm sand packages - quite an aggresive step out.
for $100m for 5% is what an appraisal well would cost, as a JV partner they get full access to data.
the whole thing is a chess game and who knows where it will end up, but still many more moves to play.
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6 | 114449 | 1.765 |
8 | 43042 | 1.760 |
3 | 80735 | 1.755 |
12 | 92630 | 1.750 |
Price($) | Vol. | No. |
---|---|---|
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1.780 | 112088 | 4 |
1.785 | 70853 | 3 |
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