CGX Energy Inc V.OYL

The Interest Rates Regime

[Phantomblogger]

Since 2008-2009 the regime of zero interest rates gave rise to a golden era for stocks. The mentality of the CEO that "sitting" on so-called de-risked (after Lisa-1 discovery) jurisdiction, IS NO LONGER THE SAME, even though he gave away CGX for pennies.
No Sir, we're no longer in that goldilocks era, with rising interest rates and cost of borrowing.
What really is the value of our SP in this new regime of finances?
Is houlihan lokey some kind of a genius? They seem to have done many "small deals" but I can't find any "Petro-deals".
Maybe someone on the board can cast some light on this!

[westcanpride]

https://cdn.hl.com/pdf/2022/rockdale-case-study.pdf   nice case study example of a deal HL has done. 

[waitingstill]

Thanks for that post and link wcp. Very interesting. Hopefully HL is used to working with incompetent management and still get a great deal. Wonder if they would answer this question "how badly does incompetent management hinder your deal making ability?!"

[westcanpride]

Haha truly the question of the day.  let's be real... back in the fall, numerous JV teams put bids together for offshore Guyana blocks. Most of these blocks are completely unexplored and have next to no data. Companies were also expected to put up massive up front investment cash to be selected.  so yeah, maybe Corentyne isint the next Liza oil field. But big deal... it still