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+--- Thread: Interoil announces presentation update (/showthread.php?tid=8021)
Interoil announces presentation update - ebster123 - 01-12-2015
SINGAPORE and PORT MORESBY, Papua New Guinea, Jan. 12, 2015 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) today posted an updated investor presentation on its website to be presented at the Macquarie Oil and Gas Explorers Conference in London.
The presentation includes an update on the Antelope appraisal drilling program currently underway in Papua New Guinea and the expected drilling program in 2015.
A copy of the presentation can be found on the company's website at www.interoil.com.
RE: Interoil announces presentation update - ebster123 - 01-12-2015
- FEED 2015
- Antelope-6 decision imminent:
Antelope-6 to separately appraise eastern flank upside Pending JV approval, expected to spud in late Q2 2015
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RE: Interoil announces presentation update - ArtM72 - 01-12-2015
A6 results won't be needed prior to concept selection by the end of Q2, coincident with extended flow and pressure tests. That makes it seem pretty clear they have confidence there is plenty of gas for two trains.
RE: Interoil announces presentation update - Palm - 01-12-2015
Thanks Ebster. Here's a link to the presentation itself.
http://www.interoil.com/iocfiles/documents/investorrelations/presentationanddocuments/2015/IOC%20LNG%20IN%20PNG%20Macquarie%20conference%20Jan%2012%20FINAL.pdf
RE: Interoil announces presentation update - Palm - 01-12-2015
Antelope-4 successfully intersected top reservoir
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Top reservoir intersected at 1,911 meters TVDSS*
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Result reduces risk of steep-dipping southern flank
Antelope-5 drilling ahead with testing planned for Q2 2015
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Continues to drill towards top reservoir
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Extended flow test to commence on completion of Antelope-5
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Pressure gauges at other appraisal wells will monitor reservoir interconnectivity and productivity
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Tests expected to be completed before end of Q2 2015
RE: Interoil announces presentation update - jft310 - 01-12-2015
Fact is they are getting it done . The transformational event is receipt of tbe resource payment later in 2015 not the announcement of a payment . To start FEED means the partnership which includes Total wants to build the plant . After the payment receipt the next large hurdle is FID to reach FID we need FEED . Another payment at FID. The current company talk is at least 2 trains through use of the tie-back pipeline arrangement to E/A wells from Triceratops Raptor and Bobcat .
Instead of all the bloody details Hession just gets it done .
RE: Interoil announces presentation update - jft310 - 01-12-2015
Slide 13 - bottom left states Interoil has access to 5 rigs for this drilling campaign .
RE: Interoil announces presentation update - Tree - 01-12-2015
Slide 10 contains 'Cold Hard Facts'
If there remains an Asian LNG trade capital will flow to E/A LNG.
E/A LNG IRR 20% when industry goal is 12% which PNG LNG achieves.
RE: Interoil announces presentation update - jft310 - 01-12-2015
Historically GLJ will include as much of the Ant 4 well results as possible when they publish the year end report or that Dec 31st date is not a line in the sand and GLJ wants the best snapshot they can get.
RE: Interoil announces presentation update - jft310 - 01-12-2015
The one train argument was that at Ant 4 the formation fell way and that's been dis proven now. Second 1 train argument was the the wells were pockets not all one formation the slides show clearly state that fear is being addressed directly with the connectivity tests to be completed during the 2nd quarter of 2015. Previous connectivity tests proved connectivity. But now we have more wells a larger formation to test and prove. Removing uncertainty step by step.