CVN 2.94% 16.5¢ carnarvon energy limited

great deal for cvn!!, page-33

  1. 1,441 Posts.
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    If Appache was into games, why not take the 20Mil in equity?
    Remember their are 2 other parties who put their hand up to take the short fall of the IPO, WITH APPACHE INFUSIONN OF FUNDS THEY MUST BE SERIOUSLY BE THINKING OF DOING THAT.Why would Appache do this, one reason is offshore Seismic is as complete as it can be with data gained giving 80% results, we know where we are drilling now not like 30 years ago , we think we are close, u don't sink 70M wells offshore if u don't know, Apache shareholders would be aghast, FYI SEISMIC IS RUN AT AN ACCURACY OF 5M THESES DAYS MAKING ALLOWANCES FOR THE ERROR BUDGET, it is not like a drunk man saying where is! Despite it being New Year we all know where it is with this project
 
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