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+--- Thread: Posit me this (/showthread.php?tid=4371)
Posit me this - Tree - 08-13-2013
How will IOC become a vertically integrated energy company as they terminate Mitsui CSP agreement and declare they will not be LNG operator?
HoHoHoHoHo
RE: Posit me this - Tree - 08-13-2013
As IOC now sets sail for Wahoo down South who will drill out PRL15 (which BTW, is the biggest discovery in Asia in the last 20 years) and T-2? They won't just be abandoned will they?
HoHoHoHoHo
RE: Posit me this - Tree - 08-13-2013
Sure do feel like XOM (or someone that outbids them) is after much more than a 4.6T SPA, or is it just me? Shared priorities?
HoHoHoHoHo
RE: Posit me this - Tree - 08-14-2013
Okay, so IOC has had a couple of hours now to explain how 'not being an LNG operator' does not equal 'we will not have an LNG stake'
and
'Focussing now on Wahoo means good things have been agreed to in PRL15 and T-2'
XOM kinda looks to be all over 2/3 of IOC.
RE: Posit me this - jft310 - 08-14-2013
'Tree' pid='27042' dateline='<a href="tel:1376404 Wrote:Okay, so IOC has had a couple of hours now to explain how 'not being an LNG operator' does not equal 'we will not have an LNG stake' and 'Focussing now on Wahoo means good things have been agreed to in PRL15 and T-2' XOM kinda looks to be all over 2/3 of IOC.
mr market will the wisdom of one partner and ease of execution to monetize the entire area north to south