""Raisama to buy its Cadlao oil project in the Philippines’ north-western Palawan Basin for $45 million.""
deal or no deal..????
it does have some upside value.
1) cash right now
2) no need to worry about drilling.
3) it would be approx 12 months before first oil (if successful)
if they can squeeze a few more bucks out of the deal. then take the money and run..
...
takeover?, page-9
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
