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How can ICN be taken over by anyone other than beach. Beach now...

  1. 20,401 Posts.
    lightbulb Created with Sketch. 1990
    How can ICN be taken over by anyone other than beach. Beach now have or will have soon 60% of the in ground gas - nobody would want it because you can't control it. You can't prove up 2tcf reserves on 40% as the asset is now interlocked . beach on the other hand I unlikely to TO ICN unless the results from these wells far exceed the results of the other wells. The only time I see ICN been taken over is if BPT get a big JV and they want to clean up loose ends. ( all IMHO )
 
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