STU 0.00% 94.0¢ stuart petroleum limited

farmout to avery, page-2

  1. 2,834 Posts.
    Tino won't do that deal at even money. I'm slightly annoyed it doesnt have what Avery are paying, but I suspect it's somewhere betweem 2:1 and 3:1 ... probably the latter because thats what Beach paid in their recent farmins to Stuart in that area.

    It's actually the second deal Stuart have done with North Amercians - they cut a deal with Tri-C over some dirt of Tri-Cs in the Cooper.

    Ian Whitchurch
 
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