Comment by
cavinsin on Jan 22, 2025 8:10am
Timber, dont understand how is M& A in energy sector related to SEI Sei is in just for the ride in my opinion, don't believe they have any say in this, unless someone buys SEI interests in one or all the explortation blocks Its up to GALP majority holder in PEL 83 to deside, Am I wrong?
Comment by
Timberdoodle on Jan 22, 2025 8:28am
I'm not the one to say if you are or not but Galp is known to be in the spotlight for possible acquisition by US Giant Chevron (10 January 2025) ...& there rumors Chevron might also be circling Woodside... That pretty much sums it all up
Comment by
cavinsin on Jan 22, 2025 9:05am
Its too bad PEL 90 didn't have better results, where we have 10% interest SEI SP would off, of being over 2 bucks in my opinion, I have a lot of shares inherited from merger with Mobius 10y ago or so I was hoping to get rich here, but expectations are fading away, still holding tight
Comment by
Logman5 on Jan 22, 2025 11:38am
I thought PEL90 was 5% with PEL87 having the highest at 7.5%. Chevron shot was only the 1st of potentially 10 exploratory shots