Santa Fe is one of the best buys out there. This should give them a premium trading multiple and should benefit both shareholders. |
That valuation is clearly way beyond what we've seen, ... They're paying a lot for Spinnaker's exploration expertise, leasehold acreage - things that don't show up in the proved reserves. |
That valuation is clearly way beyond what we've seen. They're paying a lot for Spinnaker's exploration expertise, leasehold acreage - things that don't show up in the proved reserves. |
This did go through the heart of where probably 500 platforms exist in the Gulf. |