Post by
jts115 on Mar 09, 2014 10:11pm
Comps?
https://www.estrellasp.com/en/pdfs/20130617_Press_Release_Acquisition%20of%20SAIC.pdf
Comment by
jts115 on Mar 10, 2014 12:37am
Equipment they bought https://www.sanantoniointernacional.com/equipos/equipos_busqueda_ingles.php?p=sai
Comment by
perdikaoilgas on Mar 10, 2014 4:40am
This is a good catch and a good comparable, jts. They are older and lower quality/spec rigs than TID's. Apart from the receivables, TID has also ~$30 million from HRT case. Additionally, TID has 2 new HELI-RIGS whose market value is ~$40 million currently.