Why would ME choose the worst of the 3 presented opportunities?
FAR is a spec,was a spec and always will be a spec UNTIL it strikes an appreciable amount of oil.
Senegal is a speculative opportunity and the Shell deal realistically reflects this. I would doubt the other deals would be any more generous given the monetary conditions. Even in good times I doubt oil execs are encouraged to waste money or not try to get the best deal for the company.
Why would ME choose the worst of the 3 presented...
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50.5¢ |
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Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 51.5¢ | 50.5¢ | $97.33K | 190.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26752 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 109917 | 4 |
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