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  • 10 Upcoming Catalysts for ATP Oil and Gas [View article]
    Hmm I don't know much about ATP's reserves or how they compare to Addax but one would think $14 is a bit on the low end for ATP's reserves. Just my opinion though.

    Devon would you happen to have any information on other oil/gas asset sales and how much those have been going for? I know ATP sold off some last yr towards yr end.. what was the price per barrel for that?

    I guess the takeaway with Addax is that deals are still going thru despite the economic environment. I think this bodes well for ATP in case they need to sell assets to meet their covenants.

    Much rather that they didn't have to though, ATPG selling their assets that is. Selling shares or selling assets - both dilutes the shareholder.
    Jul 02 19:09 pm |Rating: 0 0
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