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Evan Calio Conference Call; IOC NYC 9/21 - Printable Version

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RE: Evan Calio Conference Call; IOC NYC 9/21 - MartiniStocks9756 - 09-10-2015

Interesting theory. This is how rumors go crazy on the Internet. Would we not have heard already if true? Its like buying a lottery ticket fun to think about the possibilities I guess. I would think there is no way such a plot would wait for another two weeks. It has to be something like well results.


RE: Evan Calio Conference Call; IOC NYC 9/21 - jft310 - 09-10-2015

Who knows how long Oil Search has had to prepare a defense . Woodside offering to offer for Oil Search is not new . Months old . Maybe years . A good CEO and BOD would have a planned defense . The analysts even mentioned the PNG govt anti takeover legislation bill that was passed . There are lots of possibilities .
The PNG govt has always wanted a National oil company . Combining Oil Search and Interoil allows that dream to happen . Not to say it will happen .
The dance is on for partners , the music is playing so what happens when the music stops ???!
Or is the meeting about drilling results ??All that oil they found !! LOL on oil !!


RE: Evan Calio Conference Call; IOC NYC 9/21 - Getitrt2 - 09-10-2015

A merged company with PNG owning 5 to 10% would NOT be a "National Oil Company".


RE: Evan Calio Conference Call; IOC NYC 9/21 - Getitrt2 - 09-10-2015

I wonder whether some other company might be more inclined to go after IOC now while Woodside is tied up with OSH?


RE: Evan Calio Conference Call; IOC NYC 9/21 - sageo - 09-10-2015

'MartiniStocks9756' pid='62599' datel Wrote:Interesting theory. This is how rumors go crazy on the Internet. Would we not have heard already if true? Its like buying a lottery ticket fun to think about the possibilities I guess. I would think there is no way such a plot would wait for another two weeks. It has to be something like well results.

Martini - Perhaps it will be well results . Today makes 27 days since they told us about the (approximately) 43 feet of cores and that they were preparing to run wire-line logs . However,they did not tell us if they found both the upper and lower reservoirs as were present in the Tri #2 well. With 43 ft. of cores and some good logs, I'm sure they already know a great deal more about Tri than they knew before . I just wish they would share a lot more info with us long-suffering po' folks . Ha,ha......you know the old story about wishin' in one hand and spittin' in the other ! Thanks for sharing your find with us .




RE: Evan Calio Conference Call; IOC NYC 9/21 - Gator - 09-10-2015

You guys will hype anything. Evan said in 2 weeks (week of Sept 21) that InterOil will be doing a marketing event. It could simply be a non-deal road show. Nobody plans an important announcement two weeks in advance.


RE: Evan Calio Conference Call; IOC NYC 9/21 - Optionray - 09-10-2015

'Palm' pid='62598' datel Wrote:No but such a merger gives majority to OSH/IOC and the PNG government. Prevents any games Total might want to play and makes things more interesting with/Exxon.

I would not want to see a merger, with a billion and a half shares outstanding, and even with a 5 for 1 ($40 pps equivalent share adjustment), I can only imagine the people who would take a bath and never see the kind of PPS appreciation they would see if IOC was left independent with only 49 million shares outstanding.




RE: Evan Calio Conference Call; IOC NYC 9/21 - jft310 - 09-10-2015

Gator is most likely spot on. That said we should hear something new . What we don't know is Triceratops news drilling results and what Ant 4 has found so far . ??Most likely a drilling schedule update ??
More gas found outside PRL-15 helps with another deal with even more drilling but doesn't move the needle much today .
LNG color-Battle over certain LNG stocks like Cheniere Energy . Carl Icahn owns a chunk of symbol LNG with 2 board seats trying to get management to make some changes . Eighty percent of Cheniere gas is sold with contracts . Jim Chanos is short the same stock stating they will not earn more than $2 a share in 2020. Cheniere LNG costs are $10-11 per mmbtu . Source WSJ posted these pages .
Interoil slides show their cost to be $6-7 per mmbtu. LNG prices at $11-12 means Total/Interoil does pretty well.


RE: Evan Calio Conference Call; IOC NYC 9/21 - Putncalls - 09-10-2015

What matters is Total's cost since they get to build it. That 's 8 or 9 I think?


RE: Evan Calio Conference Call; IOC NYC 9/21 - Putncalls - 09-10-2015

What really matters is the certification payment which keeps getting delayed.