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Message: Production target

Re: Production target

posted on Sep 07, 2009 10:06PM

jinxer. I agree that a sale right now would be quite unrealistic(you dont sell when prices are low, you buy). A person wrote the 250Nkr figure on the norwegean forum one time, maybe a year ago. The sp was low and someone posted rumours about that qec had to sell/make emission. Somebody still post that qec will need to make an emmission to finance the extension/drillings. Maybe they don't know, also what plans canada and quebec has for the area. It was before we had shareholders rights and we talked about voting against a sale. Then we had the old estimate on 45$ and what Statoil payed Chessapeake. Now we have this new 41,50$ estimate, but I dont see why QEC would want to sell and dont think they will, but ofcause it's up to shareholders if we get an offer.

What about TSU, they owe qec at BR maybe they could be bought?

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