SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ATPG Shareholders

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: zablin who wrote (3469)8/31/2013 11:00:30 AM
From: Kramer382 Recommendations

Recommended By
greatpricepearl
positiveenergy18

  Read Replies (2) of 3620
 
You may not know that roughly 75% of this revenue stream is being paid to the federal govt. and to the various ORRI/NPI owners due to the creative financing done by ATP. A very public auction was held for this and other ATP assets and the DIP was the only real bidder. That tells you something. It tells you the industry didn't put any real value on ATP's net interest in these properties for a variety of reasons.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext