Unrelated but I think the outcome for Nexus may be a sign of how things will go for OEL.
If NXS manage to do a fair deal then OEL may be Ok, but if NXS struggle then it will be twice as hard for OEL.
Might be some interesting events around the Vitol stake in GPC also - they need to prove the new mooring arrangements before anyone will buy their share but I don't imagine Vitol view it core to their business. Expect a deal where they keep the lifting contract but sell out of GPC.
I increasingly get the feeling that NDO intend to sit on their acreage (with the possible exception of the shallow water) - that is based on the continued comments about how they are ahead of the game with the drilling commitments and comments about "delaying capital expenditure" etc. At the same time they seem quite keen on the EWT on Tindalo - so quite possible that they will do a deal on the shallow water (KIK can't pay and I doubt NDO want to sole risk).
p1000
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Unrelated but I think the outcome for Nexus may be a sign of how...
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90.0¢ |
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Mkt cap ! $205.2M |
Open | High | Low | Value | Volume |
90.0¢ | 90.0¢ | 90.0¢ | $17.45K | 19.39K |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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90.0¢ | 3950 | 1 |
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No. | Vol. | Price($) |
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1 | 5000 | 0.860 |
1 | 20000 | 0.850 |
1 | 62111 | 0.805 |
1 | 40500 | 0.800 |
Price($) | Vol. | No. |
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0.900 | 3950 | 1 |
0.935 | 3297 | 1 |
0.950 | 3000 | 1 |
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