RE:RE:RE:Dec 2016 deal with StatoilBased the level of the question you asked, you don’t know too much about financing. This is a big question and No body can give a short answer in this board.
a simple example would be that you have 500k dollar. You used that money to buy a house of value 500k. Does that change the value of your property?
For AOC’s case, it just did a property exchange. That is a total different thing from how much the company worth. Statoil spent over 1billion dollars to build the project and AOC got the property at less than half of its cost, plus it was and is a great project because of its low breakeven price.
AOC took a great risk to get the project because it was losing money at 45 WTI or lower! Now things have totally changed. Leismer project becomes the major source of AOC cash flow!
Go read its Q3 report and see how much free cash flow the project generated for AOC at average WTI 48.2, and imagine how much it is generating at current WTI 57?