FAR 0.00% 1.1¢ far limited

Potential Strategy

  1. 19 Posts.
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    With the WPL offer on the table for COP, one potential strategy that comes to mind is...

    What if FAR/CNE did a deal with a third party (i.e. a Total or Shell) where the third party funded the pre-emptive price for a 35% stake in the block and FAR/CNE's percentage remains the same. However, the sweetener for FAR/CNE to allow said third party in would be the third party needs to fund costs for FAR/CNE up to production stage.

    Not sure of the $'s involved or if it is a possible strategy but thought I'd put it out there.

    Thoughts?
 
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