"Shell has just picked the eyes out of what they want from AOE"
Plus I'd say Petrochina will have picked the eyes out of AOEI before Dart every hits the road.
Read on Oil and Gas Journal a quote from a top Petrochina guy that they were very keen on getting the AOE technical capability (for China).
Plenty of room for everyone internationally in csg, but I do wonder just how successful Dart will be without the technical depth and diversity of AOE behind it. Will we just have the expensive deal makers and overhead material, with little of the true capability? Not sure, but the permits alone probably aren't worth that much at this stage.
I will be watching and assessing "how" committed to Dart are the people behind AOE. I will be looking at those that have nothing much to gain salarywise in particular. Looking at their hard money, not just options either.
EL
AOE Price at posting:
$5.17 Sentiment: Hold Disclosure: Held
