EXE exoma energy limited
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Well Shell is selling down its WPL stake and looking for JV...

  1. Paavfc
    8,395 Posts.
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    09/11/10
    09:45
    Post #: 7447103
    Well Shell is selling down its WPL stake and looking for JV opportunities rather than stake holdings.

    After the takeover of AOE Shell would still like more gas supply for its LNG plant and EXE has plenty of it.

    EXE have stated that they are talking to multinational oil and gas majors and Shell fits that bill.

    A JV between EXE and Shell would make perfect sense imo.

    A win win depending on the blueprint of any deal.
    EXE Price at posting: 26.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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