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+--- Thread: Oil Search Sell Down (/showthread.php?tid=1771)
Oil Search Sell Down - TxPm - 10-09-2012
Just in Oil Search sold half of their stake in the gulf of Papua to Total. Press release doesn't give in pricing info that I see so far.
RE: Oil Search Sell Down - Palm - 10-09-2012
The majors are coming to town. Wait a minute, I thought Shell was the big cheese! But I see Shell is working with Petromin on the east islands offshore prospects. That'll make them happy.
Think Total qualifies as an approved operator? I think so.
RE: Oil Search Sell Down - TxPm - 10-09-2012
I thought IOC was overstating their resources & PNG was to unstable for any SM to do business in
RE: Oil Search Sell Down - Tree - 10-09-2012
'TxPm' pid='10921' datel Wrote:Just in Oil Search sold half of their stake in the gulf of Papua to Total. Press release doesn't give in pricing info that I see so far.
Further de-risking of PNG. Let's see, XOM, Shell, Total all seeking 30-50 yrs. of revenues in investment worthy iittle ole PNG. Wonder which SM IOC will add to the list of who's who of SMs and NOCs to the neighborhood??
RE: Oil Search Sell Down - Palm - 10-09-2012
Mitsui, JAPEX and KOGAS also say they'd like to add their names. They're in the bak row waving their hands like Tree in Mr Travaris' chemistry class. Certain..........
RE: Oil Search Sell Down - jft310 - 10-09-2012
Farm In Agreement. For exploration and appraisal
RE: Oil Search Sell Down - petrengr1 - 10-09-2012
'TxPm' pid='10921' datel Wrote:Just in Oil Search sold half of their stake in the gulf of Papua to Total. Press release doesn't give in pricing info that I see so far.
This is for both offshore and onshore. They have all of the license areas around IOC's PPL 237 and PPL238. It includes a few blocks inside our license areas i.e. our license area surrounds some of their blocks.
RE: Oil Search Sell Down - freddiekingman - 10-09-2012
(10-09-2012, 08:47 AM)TxPm Wrote:Just in Oil Search sold half of their stake in the gulf of Papua to Total. Press release doesn't give in pricing info that I see so far.
so TOTAL is all around us...hmmmmm...
RE: Oil Search Sell Down - sltibbs - 10-09-2012
When I saw the the second to last slide with Total/Oil Search having IOC surrounded, and at times even infiltrated, I had to laugh.
Best,
Sam
RE: Oil Search Sell Down - Bincbanker - 10-09-2012
'TxPm' pid='10921' datel Wrote:Just in Oil Search sold half of their stake in the gulf of Papua to Total. Press release doesn't give in pricing info that I see so far.
I knew it !!!!!! Total (perhaps in combo with GDF/SUEZ) also a Buyout candidate for IOC !
Total despite being vey interested in IOC did not sign a NDA with IOC , strange because they are mega buyers in the gas arena and an ideal Asian player
BTW like RDS they need the Gas
I see Total buying up alot more fields
Thank you good news