NXS 6.25% 22.5¢ next science limited

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  1. 275 Posts.
    Just an observation that Shell was reported the other day in the process of selling some of its assets to fund capex.

    Given the size of Shell, is Crux a core asset to them? Why sit on a non-core asset if you can quickly monetise it?

    A potential farm-in partner may need to use some of its incoming money to buy out Shell's share, & maybe offer some ongoing royalty on production?


    http://www.telegraph.co.uk/finance/newsbysector/energy/7341448/Shell-selling-assets-to-fund-18bn-spending.html
 
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