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re: Chevron’s $53 Billion Deal for Hess in Jeopardy on Possible Exxon Challenge

Posted on 2/26/24 at 9:18 pm to
Posted by Herschal
Land of the Free
Member since Sep 2011
1588 posts
Posted on 2/26/24 at 9:18 pm to
Would like to take a look at that JOA for shits and gigs.

quote:

Some JOAs allow existing partners, like Exxon, to participate in ownership changes, and pre-empt an offer for an ownership stake with an offer of their own.


The general standard form makes me wonder how such an over site occurred. The language is either there or it isn’t.
This post was edited on 2/26/24 at 9:23 pm
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