DART Energy will hold the transferred stake of 21.04% of Apollo following the Shell/Petro deal close out.
DART Energy will also be the holder of the farmin rights to Apollos PEL 464 and 458 tenements where they will be looking to earn 50% of those permits.
I have some high hopes for 464.
Pixie, I am less anxious about holding onto my remaining arrows. When I look at other opportunities, on an equivalent basis to make say 30% I am looking at a few cents worth of movement, however to get that same gain from Arrow, I am looking at offers over $6.50 to make my day, or someone scratching up another $1B+ for the takeover to make that happen.
Cheers,
SF
AOE Price at posting:
$5.07 Sentiment: Buy Disclosure: Held
