RE:RE:RE:RE:Value csculations?There is a huge difference between totsl and a company who cant afford to drill more wells, total was commercisl on the first well but nowadays majors are looking only for hubs which makes their projects breakeven sub 35$.
Cgx is not commercial after two wells, proved that the deeper intervals are non commercial, that the pressure is too high and drilling takes twice the time then the exxon wells, and lied for months go its investors.
Kll tell you a secret, cgx cant raise money because no one will invest at more at more then 0.2...
Bad situation