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
Just an observation that Shell was reported the other day in the...
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Last
28.5¢ |
Change
0.010(3.64%) |
Mkt cap ! $83.26M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 26.5¢ | $50.38K | 184.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6191 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 12524 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |