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PNG Ind News 5/31-IOC and Modular LNG - Printable Version

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PNG Ind News 5/31-IOC and Modular LNG - Getitrt2 - 06-04-2013

Anyone seen or posted the following statement from the PNG Industry News article of May 31, 2013, "InterOil Continues to Climb"?:

"While there is a sense of inevitability that InterOil’s Elk-Antelope discoveries will help fuel a PNG LNG expansion there are also signs that InterOil’s previous modular LNG plans are not completely off the negotiating table either – indicating that two gas commercialisation avenues may eventuate."

While I agree with the statement, I wonder what the "signs" are that they are referring to?  My understanding from the Company is that they see a win-win deal with XOM on PNG LNG expansion as the best deal for shareholders now, as well as for the government, and one that maximizes IOC's flexibility and opportunity going forward, and that they will pursue whatever directions going forward will create the most value for shareholders.  What more could we ask, other than for the SEC to go after the criminal shorts?