RE:RE:'Could' MEG BUY LARGE CNOOC Stake 'IF' They EXIT MEG ????? Something like this would be a bold move indeed.
Considering what Stranthcona paid for Tucker Lake, even with a discount this won't be cheap.
Would the 3 Majors + IMO be interested ?
Other potential possbilities might include IPCO & Waterhouse again?
Would you be willing to pay close to market value with oil prices where they are & hope that they
stay high, if they drop you will have definitely overpaid.
Could they arrange a large financing? (not debt)
What could they get for Surmont if they chose to put it up for sale?
Regardless they should @ least be entertaing the idea.
Regards Fuz