CHC LLC purchases Babcock

[PPI Zulu]

Originally Posted by Mitchaa

Expected response to be fair.

In summary, sell off the UK element and keep the Danish and Australian elements.

https://www.energyvoice.com/oilandga...tition-hurdle/

I think you'll find that that is only one possibility. In their riposte CHC allude to stripping BondCockSuk of the assets they want and leaving a 'going concern' for sale complete with the AOC, post holders and just one contract (most likely TOTAL based on the animosity TOTAL appears to have for CHC). CHC further labours the point that a new entry to the market can survive on just one contract and even gives previous examples of such.