What we heard today

[jft310]

Source an IOC exec and a Brilliant Hedgie

Here's what they said:

This not just a third train for Exxon but a sale of  PRL 15, per mgt see the original press release

Neither Exxon or IOC has stated negotiations are not ongoing. They would be required to state such if that were true.

There are multiple parties for the balance of PRL 15 ,Exxon , Shell, Total and some say Woodside

DR Hession has bought in his experienced LNG deal team from Woodside and they are the only IOC persons in the know,

The PNG govt is fully on board with few in the loop on the govt side.

The Woodside LNG deal is cutting the standard LNG deal with IOC LNG production ownership.

There is an IOC BOD meeting next Tuesday and Wednesday and an Exxon normal CC Friday next week.

Checks with IOC top holders shows no selling from them. No filings to back that up.

The selling has been a run of the stops, margin selling and then more stop running. Yes it's option expiration week.

Whining is not helpful. !

Will IOC do  a deal ????, well yes and it's frankly heads the shareholders win and tails the shareholders win . If Exxon will not

 pay the price for the second 1/2 of PRL 15 then others will. When sooooon!

[Putncalls]

WAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[ebster123]

WAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

Put, it, I try to be accepting of differing views that are within normal standard deviations and not repetitively outside the norm.  However, you seem to be posting off the normal paths.  Frankly, your posts seem like this is yahoo and not SHU.

[Putncalls]

No sense of humor during a tough week? Jeez!

[Getitrt2]

No sense of humor during a tough week? Jeez!

I think you have gone beyond that.

[jft310]

Puts and I go way back. He's cool. Frustrated maybe well yes but a good person.