RE:RE:Gas processing plant worth $100 millionYes, its difficult to replace this plant for less than $100 million.
I am confident they will get full valuation for it in any putative sale.
Its a pure cash cow.
With those incentives to develop offshore gas production, I am also confident that our offshore FV concession holding up to 20 mmboe, will get a solid valuation.
With two more formations onshore and 11 wells awaiting workovers, can I say that we have no where to go but UP..