GREY:ROAOF - Post by User
Post by
yikes1on Mar 26, 2009 1:43pm
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Post# 15873616
plan B
plan BI've read the property acquisition plan a few times now, and I still can't get a full understanding of it. I'd imagine E/Y and Premier factored in a negative vote and covered all the bases to avoid Art or anyone else from stealing anything through nulling the first contract. Can anyone explain the the property acquisition plan? Also, there have been a few on here stating that the share purchase of ONSL includes debt. They stated in the release that it was being bought debt free, did they not?
From what I gather, there has already been a set price for Premier to aquire each property separately rather than as a whole in the share purchase. Oil King got into it a bit, but I'm still a bit confused as to what will happen. Is this basically saying Nexen and any partners have first right of refusal?