TSXV:ART.H - Post by User
Comment by
Atonon Oct 29, 2011 5:53am
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Post# 19192259
RE: Not Vast
RE: Not VastI have more invested in WZR than in VST, so it´s ok with me. But remember if there is a bid on WZR then the shares in VST will rise even higher in %.
Tony Hayward (pictured), the Chief Executive Officer of Genel Energy Plc, a group formed via a merger of Vallares Plc and Turkey’s Genel Enerji, said he plans acquisitions in Iraqi Kurdistan. Reuters reports that the former boss of BP told reporters in Istanbul that the company plans to make the acquisitions with its $2.2 billion in cash.
“Consolidation is going to take place in the region. There are 41 different entities operating in the Kurdistan region today,” Hayward said.
“Time is right for consolidation in the Kurdistan region. You should expect to see some action around the place.”