+- ShareholdersUnite Forums (http://shareholdersunite.com/mybb)
+-- Forum: Companies (http://shareholdersunite.com/mybb/forumdisplay.php?fid=1)
+--- Forum: InterOil Forum (http://shareholdersunite.com/mybb/forumdisplay.php?fid=4)
+--- Thread: 4 billion dollar questions (/showthread.php?tid=9177)
4 billion dollar questions - calvin grad - 10-06-2015
I know this is getting way ahead of everything and pure drivel. But most of us believe we have 10.5 T at EA and 3.5T at Antelope Deep. Assuming this is proven by June 30, 2016 then
1. Would Papua PNG sell Antelope Deep to PNG for 4 billion?
2.Would Papua PNG sell a 20 per cent interest in Papua PNG to Japan for 4 billion as part of a sales agreement?
3. Would 1. Happen if 2. Was in the works?
RE: 4 billion dollar questions - sageo - 10-06-2015
'calvin grad' pid='63385' datel Wrote:I know this is getting way ahead of everything and pure drivel. But most of us believe we have 10.5 T at EA and 3.5T at Antelope Deep. Assuming this is proven by June 30, 2016 then
1. Would Papua PNG sell Antelope Deep to PNG for 4 billion?
2.Would Papua PNG sell a 20 per cent interest in Papua PNG to Japan for 4 billion as part of a sales agreement?
3. Would 1. Happen if 2. Was in the works?
Calvin - Good day to you . As you probably know,I am part of the "most" that we have 10.5 Ts at E/A ( I believe even more,based on the over-all geology and the testing thus far). Btw,have you or ( others) heard when OSH might release their Oct. up-date ? Anticipating some info on Ant 4 .Have a "good one".
RE: 4 billion dollar questions - Putncalls - 10-06-2015
Why sell a 1 billion a year in revenue for 2 billion?
RE: 4 billion dollar questions - calvin grad - 10-06-2015
(10-06-2015, 06:06 AM)Putncalls Wrote: Why sell a 1 billion a year in revenue for 2 billion?
I assume you are referring to selling Antelope Deep. Selling would result in some cost saving on pipeline and make participation payments much less. When could we expect a third train so that revenue could begin?
RE: 4 billion dollar questions - jft310 - 10-06-2015
Cheniere Energy has about 9 months between trains being brought on line .
RE: 4 billion dollar questions - Putncalls - 10-06-2015
You are saying that Cheniere Energy is going to over produce LNG at cheap US prices of ~8$ plus shipping and profit?
RE: 4 billion dollar questions - Putncalls - 10-06-2015
'calvin grad' pid='63394' datel Wrote:'Putncalls' pid='63392' datel Wrote:Why sell a 1 billion a year in revenue for 2 billion?I assume you are referring to selling Antelope Deep. Selling would result in some cost saving on pipeline and make participation payments much less. When could we expect a third train so that revenue could begin?
I'm saying 4 billion would be about 2 billion for IOC's Antelope share which should be a cash flow machine in about 6 years.
RE: 4 billion dollar questions - jft310 - 10-06-2015
They are building 16 trains . Own zero gas will buy gas in the open market . Sell as LNG .
RE: 4 billion dollar questions - Putncalls - 10-06-2015
How many of those 16 trains will FID?
RE: 4 billion dollar questions - calvin grad - 10-06-2015
Putncalls dateline='<a href="tel:1444083727">1444083727</a>' Wrote:
calvin grad dateline='<a href="tel:1444081460">1444081460</a>' Wrote:Putncalls dateline='<a href="tel:1444075596">1444075596</a>' Wrote: Why sell a 1 billion a year in revenue for 2 billion?I assume you are referring to selling Antelope Deep. Selling would result in some cost saving on pipeline and make participation payments much less. When could we expect a third train so that revenue could begin?I'm saying 4 billion would be about 2 billion for IOC's Antelope share which should be a cash flow machine in about 6 years.
Not what I meant. If someone paid 4 billion for 20 per cent of JV, then JV would have the 4 billion and IOC would have 80 per cent of the 30 per cent they have now. I am also assuming a favorable sales contract and financing. Price is in line with Hession saying value is 20 billion.