Post by
mono13 on Jan 28, 2021 6:24am
Sarsang and Total
Very exciting things are happening in the neighboring block, Sarsang, where Total is possibly on its way to sell its share of 18%. According to Bloomberg, Total believes it can get up to $ 500 million for its part. And if they get close to that price, that would be very positive, for the valuation of nearby Atrush! And who could be the buyer? I think that the Russian in particular is strengthening its presence in the area. But the future will tell. www.bloomberg.com/news/articles/2020-12-04/total-said-to-be-in-talks-to-sell-stake-in-kurdistan-oil-field