Here's some new "news" for ya. posted today:

"InterOil's Gulf LNG project, which has faced severe delays and near cancellation, continues to advance following a recent a deal that saw the government take a larger share and InterOil commit to finding a major partner to help it develop the LNG project. Unconfirmed reports indicate the winning bid to cooperate on the project was made by Shell, which has long been interested PNG's gas potential. Shell's participation in the project would significantly de-risk its outlook given the supermajor's proven capacity to manage such developments."

http://www.wirenews.co/global/oil-energy/781/report-published-papua-new-guinea-oil-gas-report-q3-2013#.Ue0vdW0UuaQ

'calaban48' pid='25998' datel Wrote:

Here's some new "news" for ya. posted today:

"InterOil's Gulf LNG project, which has faced severe delays and near cancellation, continues to advance following a recent a deal that saw the government take a larger share and InterOil commit to finding a major partner to help it develop the LNG project. Unconfirmed reports indicate the winning bid to cooperate on the project was made by Shell, which has long been interested PNG's gas potential. Shell's participation in the project would significantly de-risk its outlook given the supermajor's proven capacity to manage such developments."

http://www.wirenews.co/global/oil-energy/781/report-published-papua-new-guinea-oil-gas-report-q3-2013#.Ue0vdW0UuaQ

Stupid article is operating on 90 day old rumors.  No mention of XOM and they want us to pony up $1200 for the full report??

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Stupid article is operating on 90 day old rumors.  No mention of XOM and they want us to pony up $1200 for the full report??

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I noticed the author, Bill Thompson, is out of Boston, MA ... <g>