"But OEL will get the rest and yet their MC is only $90M. And...

"But OEL will get the rest and yet their MC is only $90M. And they have dibs on the next project too. I can't see why their share price is so low.

Anyone any ideas?"  -- badger

1. I own both. Once almost with equal cash.
2. OEL may have the better prospects, Alaska, ie. future.
3. They split the GoM money 50% (less the royalty, so ~41% (if wrong correct me, but not germane here).

All things being almost equal here I believe -- and I'm biased -- is that Mr. Market has weighed the two, Alaska (yeah-yeah...), Tanzania mis-step (eye elsewhere?),  and judged OEL's management by not buying.

To ease into the weekend, here's a bit about the direction of oil's price:

https://www.bnn.ca/video/mccreath-goldman-raises-oil-price-forecast~1316664

OV

PS