New Gulf LNG claims: exclusive

[jft310]

I was reading over some old presentations and maybe I'm oversimplifying things but the project we are now hearings about sounds a heck of a lot like this Aldorf presentation with some very slight changes: The LNG Plants: EWC LNG Project (Slide 13) http://shareholdersunite.com/wp-content/...t-2011.pdf

30 months is 2015 start up

The LNG Plants:

EWC LNG Project Partnership

On February 2, 2011, InterOil and PACLNG and Energy World Corporation completed final documentation defining the contractual

terms  relating to the proposed 3 mtpa plant.

Project Funding and Construction Agreement Shareholder Agreement

The agreements with EWC provide a framework for the possible expansion of the initial LNG plant’s capacity to up to 8 mtpa of LNG.

The initial 3 mtpa modular LNG plant is expected to process an es;mated 2.25 Tcf of natural gas over 15 years.

EWC will be entitled to a fee of 14.5% of the proceeds from the sale of LNG by the upstream partners, less agreed deductions and financing costs. The LNG project with EWC is designed to link with InterOil's proposed condensate stripping plant (CSP) with Mitsui Group and to accelerate the intended monetization of the Elk and Antelope fields.

The current LNG project schedule is aiming for the FID this year, with a proposed combined plant start--‐up approximately 30 months later.

[oilmd9]

Stock price certainly not acting like confirmation of Collin's interview coming tomorrow. Hope management has some type of announcement planned for Thursday.

[jft310]

If you were Wells or American Funds and you drank the coolaid and believed would you want a lower stock price before the deal???Would you want to add before the deal ..

[bertl05]

They haven't been big adders recently (last 12 months). They have had several chances to add at $60 or lower and nibbled at most. At this point I doubt they want a lower price. I'm interested to see if Chandler starts to nibble again. He is now at breakevenish levels. My hunch is he is full up though.

[oilmd9]

Suspect Wells and American Funds has all the shares they want. They have had plenty of buying opportunities.