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MGM Energy Corp MGMCF

Energy Oil & Gas E&P


GREY:MGMCF - Post by User

MGM Energy Corp > Shell
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Comment by geodude13on Jan 13, 2013 5:54pm
271 Views
Post# 20832129

RE: RE: Shell

RE: RE: Shell

Husky can`t finance every great opportunity...they need partners as stated by OilEng..he`s absolutely right.  Husky needs approximately $20 billion to finance all their Tier 1 assets and opportunities.  MGM did something great...they optioned off enough to bait the hook for immediate development but if Shell balks then there is enough to option off a bit more but still hold majority.  IMO

The MGM well is on trend (strike) though; as it appears to me. 

Regards

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