Interesting move for a couple of reasons:
1. Shows CVX is much less interested in more L48 exposure than they are in international exposure (to be fair they have a great L48 asset)
2. The premium was again only 5%. Long gone are the days of big companies getting 15-20% I think.
1. Shows CVX is much less interested in more L48 exposure than they are in international exposure (to be fair they have a great L48 asset)
2. The premium was again only 5%. Long gone are the days of big companies getting 15-20% I think.
