Post by
geomanx02 on Apr 22, 2024 10:24am
Carried Interest
Market not giving any value to the carried interest in Galp's 10 wells nor Chevron's 10 wells......
Comment by
farml1234 on Apr 22, 2024 10:46am
Look like investors do not understand what is going on with carried interest . This is 10s of millions of dollars that we do not have to spend on getting the crude to production jmho
Comment by
Harel1976 on Apr 22, 2024 11:43am
only the development carry is worth more then current mc, assuming a 5 billion dollars development cost, to be on the safe side, thats 250m$ net to sei in carry, add atleast 3-5 more mopane wells for exploration and appraisal and the picture is clear, sei at the moment is a solid 1b$ company...
Comment by
barolo19 on Apr 22, 2024 1:01pm
Yes indeed, do you think their plan is to become a producer?? or in time divest themselves once all the chips are laid out?