April 2016 Drilling Report - Courtesy of OSH

[ebster123]

Appears this BOD is negotiating a sale of different portions of our company . Future exploration might come through farm deals where others earn an interest in our properties by using their money to drill and test . Why not do multiple farm deals ???And post deals keep slimming down .

given the history of posts like this it may be best to leave the "appears" out.  This is only one on the list of many many "possible" options.  The only guarantee I see is that MH and his inner circle have been drinking the milk from "our" sacred cow for years now.  Shame on us for allowing it and good for PM to call them on it.

[jft310]

The source for negotiating sales are the local Australian newspaper articles posted on these pages . They are quite specific about what they hear .

[Li'loilady]

All part of the plan

From 4Q CC pdf:

"InterOil believes the certified natural gas volume [in TBR] is more than enough to support an additional train for Papua LNG – or indeed PNG LNG."

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"It is worth noting these discoveries are only 75 miles away from the existing PNG LNG project pipeline"

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"And finally, we remain focused on our F‐E‐D strategy – and we will work up multiple options for commercialization and strategic partnering.

As Michael said, we have been very encouraged by the level of interest in our assets."