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+--- Thread: Press Release (/showthread.php?tid=2026)
Press Release - TxPm - 11-16-2012
It looks like the approval is beginning to hit the wires. This appears to be an official press release from IOC & if it is IOC doesn't seem at all surprised or concerned about the 50/50 split and is sticking by the "In-Kind" Statement and on commercial terms to be negotiated with the state. It appears we will have to wait for more details
http://finance.yahoo.com/news/png-cabinet-approves-interoils-gulf-115600672.html
RE: Press Release - Petro2458 - 11-16-2012
Great stuff...Excellent milestone. Again-IOC is delivering on promises. Key point is IOC is being treated fairly by the state.
RE: Press Release - Palm - 11-16-2012
Agree Petro; and PNG is not dumb enough to try and screw a developer when the country is in such sorry shape. They are looking for partners and they see one in IOC.
RE: Press Release - Tree - 11-16-2012
'TxPm' pid='12736' datel Wrote:It looks like the approval is beginning to hit the wires. This appears to be an official press release from IOC & if it is IOC doesn't seem at all surprised or concerned about the 50/50 split and is sticking by the "In-Kind" Statement and on commercial terms to be negotiated with the state. It appears we will have to wait for more details
http://finance.yahoo.com/news/png-cabinet-approves-interoils-gulf-115600672.html
Thx PM,
Why should IOC be surprised or concerned? Only those that prefer being wrong, make the assumption that IOC is being strong-armed by PNG, IOC should be surprised by a Gov't PR they helped write or the best, management tried hiding facts of their PA just hours prior to when they knew the PR was released.
RE: Press Release - Hoosier1 - 11-17-2012
Nice... IOC got out in front of the "spin" with this release...
h1