what ever came of the CEO going to meet the president of Mozambique. I remember on the conference call the CEO said that Mozambique had requested that he come visit their President. Haven't heard anything that came out of that..
Will APC have to shoulder more of the development costs going forward since Eni and the Mozambique National Oil Company don't appear to be in a financial position to put up their share. Will they just push out the development timeline or bring in additional partners?
What sort of value are the current Mozambique holdings worth in the current market, if APC was to shed that asset?
I'm not criticizing cvx, it is my second largest stock holding. I think cvx has a lot of capitol spending and a dividend to focus on. They have a great balance sheet.
That is the speculation as to one of the reasons they made the bid. Big mistake to even attempt to bid on Apache considering what it did to the stock. I think the shareholders would welcome a takeover of Anadarko at the moment.
Your momma liked land too. Especially when I decided to land my salami into that hole you were shot out of as a kid