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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Sharp_End_Of_Drill who wrote (16278)8/30/2002 12:11:23 PM
From: jim_p  Respond to of 23153
 
Sharp,

$400MM of the debt is the bank revolving line of credit. I see very little risk of this not being renewed.

On the Banff, there is discussion of moving it to the Gulf of Mexico once it is approved???

I gave no benefit for the Banff in the worst case, and only getting it to break even in the middle case.

Jim



To: Sharp_End_Of_Drill who wrote (16278)8/30/2002 12:24:37 PM
From: William JH  Respond to of 23153
 
Sharp,

The problem that I (speaking as a know nothing) have with PGO is that it was loved on the old thread at $15 and above, considered undervalued at $7 not that long ago, and loved all the way down to $.62 where it is today. Maybe it is just beyond figuring out? BWDIK?



To: Sharp_End_Of_Drill who wrote (16278)8/30/2002 1:58:57 PM
From: monu  Read Replies (1) | Respond to of 23153
 
My understanding is that 425-450 mil is due in Nov 03, but this is in addition to the bridge loan of something like 225 mil of which 175 million was mandatory after the sell of Atlantis.