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Gold/Mining/Energy : Solana Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?


To: The Osprey who wrote (298)10/29/1999 10:28:00 AM
From: Taff  Respond to of 1747
 
Morning Osprey - >>> sell their interests to the highest bidder <<<

I guess that depends on the $$$$$ offered... I made up a "what if" spread sheet so I could play with some numbers. If you want it PM me your e-mail address

Depending on TCF's 1 or 21 and years production and amount of annual production.

Personally, I believe BKP/jv would make them drill, the 40 acres is to small to be sold to a Large Oil Co. Also what I could see, is an increase in partners.

I also believe that most of the jv partners on the other plays will also be bought out or diluted to some degree. I could see the CC being held just by BKP, HTP and one or two others in time... the same applies to ELH. a couple of years from now when this is all a memory, Shell, Exxon, Phillips, Chevron or Mobil could end up owning the whole shooting match... A large utility company could come in and buy it all up...

JMHO

T



To: The Osprey who wrote (298)10/29/1999 5:08:00 PM
From: Taff  Read Replies (1) | Respond to of 1747
 
I'm kind of happy to see the way the little SOP/jv has held up under the last week or so... Not to shabby in my books

t