In the current form of the merger proposal, I am voting no.
If there is a revised offer which does not risk Aje being sold for $1/bbl, I would consider a yes.
If the offer collapses (which unfortunately I am expecting) then JKA is going to be a world of hurt SP wise and the BOD are going to have to pull their fingers out and hunt down an alternative source of funding - preferably debt.
In the meantime I am hoping for good results from other drillers offshore Morocco that might give a good sign for Tarfaya.
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