Sintana Energy Inc V.SEI

Wondering what the offer was ??

[barolo19]

In July, the executive told Reuters that Petrobras had made a non-binding offer in the bidding process opened by the Portuguese company that would make it the operator of the field.

[ExplodeTheBank]

10 billion dollars for the 40% :) 

[TickerStock101]

If there is a 30% recovery factor I would hope that they would sell the stock 40% for more like 15-25billion. 10 seems low

[ExplodeTheBank]

Stop using less than 40% recovery... those modern machines can easily get atleast 40, jmho :)