That's all well and good but BHP paid $4.75B for the Fayetteville Shale and plans to spend another $1B a year for the next 10 to triple its daily production. I'm sure they see value in it at those $$$.
So we only have 10% of the acres, look at the market cap? $30m gets you an off-shore well drilled, which invariable contributes to the dusters column.
That's all well and good but BHP paid $4.75B for the...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
