RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The merger sure looks good for CVE nowRagingBull3 wrote: Agreements.... How about the Agreement with the Preferreds !!!!!!
$25/per share !!!!!!
All just my opinion/view/thinking Broken Agreements.
you can always sue LKS, husky and even CVE for damages.
Again your view of broken agreement cost 25$ preferred is just your opinion
CNOOC reneged on the liwan gas contract with husky IS A FACT.
Sure 9.54-11.45 USD/mcf is great prices but liwan is not cheap offshore gas project. The original gas contract was signed before husky liwan spent the capital to develop liwan. No way husky would drill Liwan gas wells + development + facilities at north american NG prices. From memory, the original contract gas price was 11.5-13's USD/mcf. Husky did received agreed gas prices for sometime before china want to 're-negotiate'. That's how china cheat, they don't cheat at the beginning because it will be very bad media optic. They cheat in sneaky ways usually by stealth or in mid course of business.when the public attention faded somewhat. .