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+--- Thread: Exxon said to buy stake in major gas field (/showthread.php?tid=11140)
Exxon said to buy stake in major gas field - AU74 - 08-12-2016
http://www.investopedia.com/news/exxon-said-buy-stake-major-gas-field-xom/
RE: Exxon said to buy stake in major gas field - kommonsents - 08-13-2016
Shows their interest in acquiring NG for their markets.
But it won't help PNGLNG expansion.
RE: Exxon said to buy stake in major gas field - AU74 - 08-13-2016
Just underscores how commited they are to expanding their NG business in general.
RE: Exxon said to buy stake in major gas field - kerekesc - 08-13-2016
Off shore Mozambique and proximity to Asia and Middle East. "The deal is done but won't be announced for several months at Exxon's request." I wouldn't announce the purchase price either until I completed the IOC deal for a song and a dance!
RE: Exxon said to buy stake in major gas field - Palm - 08-13-2016
Normal business for the SMs. Market is still down so you scoop up best prospects at lower prices.
RE: Exxon said to buy stake in major gas field - kerekesc - 08-13-2016
'Palm' pid='75704' datel Wrote:Normal business for the SMs. Market is still down so you scoop up best prospects at lower prices.
Thank you for informing me how SMs operate, and that the market is down. These have not passed my attention unnoticed. However, I wrote my short note from the perspective of an IOC shareholder, not from the perspective of an Exxon shareholder.
RE: Exxon said to buy stake in major gas field - Palm - 08-13-2016
Wasn't responding specifically to you. If I was, I would have included your post.