Concise summary of last night's Upstream article on RDS's bid

[TxPm]

Already Been picked up by Flyonthewall. Lets see if Yazoo SA & others follow.

Remember:

"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful"

[ebster123]

Resource, great insight and thanks posting!!

[algon223]

My apologies. I was referring to the link in Tree's posting and should have noticed that it was not the link to "the" article.

[Gator]

Thanks RC. I still think it is Exxon's deal to lose (much quicker monetization), but it's great to light a fire under the negotiations.

[Resourcearb]

It's hard to overestimate how significant today's article is for InterOil, but another important point is that even if Shell does not bid for the entire company, the competition for the Gulf LNG project will be fierce, implying an additional upcoming catalyst after the SPA with Exxon is consummated and a significant step up in the transaction value of the resource following the Exxon deal.  I believe the magnitude of today's news may take a few days to be absorbed, but known conditions are much better for InterOil today than they were just 2 weeks ago when the stock was 20 points higher.

[Getitrt2]

Resourcearb, is a "reporter" connected to this "Upstream" article the same one who was the source for your posting here yesterday about an unsolicited bid from Shell? Very similar.

Why would you think Shell would be more likely to "contemplate" a complete takeover of IOC AFTER a deal with Exxon rather than before?

[jft310]

Resourcearb, is a "reporter" connected to this "Upstream" article the same one who was the source for your posting here yesterday about an unsolicited bid from Shell? Very similar. Why would you think Shell would be more likely to "comtemplate" a complete takeover of IOC AFTER a deal with Exxon rather than before?

In my opinion IOC is less risky to others after the first deal. Higher certainty the NG gets monetized

[katytrader]

Resourcearb, is a "reporter" connected to this "Upstream" article the same one who was the source for your posting here yesterday about an unsolicited bid from Shell? Very similar. Why would you think Shell would be more likely to "contemplate" a complete takeover of IOC AFTER a deal with Exxon rather than before?

PNG govt needs cash asap, thus O´Neill wants an IOC-XOM deal.   With a takeover, Shell would honor the XOM gas sale to keep O´Neill happy and be able to use FLNG in developing whatever there may be.  And Duma would be very supportive...lol

katytrader