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GREY:MGMCF - Post by User

Post by wolfe001on Mar 11, 2014 10:54am
253 Views
Post# 22307652

Why does the offer seem rushed ? -

Why does the offer seem rushed ? - Is this offer timed to be completed before Conoco releases the results from its two horizontal wells
If Conoco sees an economic play there is no way Paramount could get away with a 15 cent offer
Why isn't Shell making an offer? Seems like a pretty cheap insurance to accumulate Canol acerage, and add to their long term gas reserves. If this land came up for bid now they would probably have to pay more than is being offered
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