This sale might have also been a canny move by Ted for another reason. At 35% HDR may well have looked interesting to Shell or Exxon (whoever it was that made the offer for ENI's 35%), but at 22% they may be less likely to fall prey to these big guys? What do people think? Does this make them more or less attractive to the majors?
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This sale might have also been a canny move by Ted for another...
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