RE:RE:Pieridae Gas Fields and Plants on the Marketwow!!! this is quite a batch of assets to be put up for sale:
- 3 mostly owned gas proccessing facilities with 500mmcf/day capacity- roll those out as an infrastructure play and get 10x cashflow instead of the 1-2x being part of a gas producer
- 240 mmcf/day production of which < 50% is hedged
- potential for carbon capture using major assets already part of PEA
-significant reserves
-significant (loss) tax pools . one thing PEA was good at - losing monies
-EVERYTHING goldboro -a deal with a europeon buyer, loan guarentees, an actual site (250 cleared acres) and now looking at a floating LNG possibilty to lower costs (isn't that already a ticket to production on the west coast??)
SURELY THERE"S COMPELLING VALUE FOR A TAKE-OUT AT A PREMIUM rather than being sold off at fire sale prices.. thoughts on what this could get sold for per share??? dwdc