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EM-IOC sold. Vladivostok GZP-JFE sold. Holiday over. Courbevoie meetings over today.
PNG return and self sell projects. 5 year 3 start plan.
My interpretation. Can be others of course.
EM equals Exxon Mobil
That Vladivostok deal was revealed today see trees post.
This guy knows!!
Courbevoie is the HQ of Total.
Will Total partner at Triceratops??Build an NG plant there??
Makes Kavo happy.
He going back to PNG.
self sale-IOC going to do an independent LNG project .Mitsui and EWC????
5 years for all 3 IOC LNG projects start up
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06-26-2013, 11:48 PM
(This post was last modified: 06-26-2013, 11:58 PM by Movieguy.)
So this has nothing to do with an Allied invasion of Germany? My bad.
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I'd agree with your take JFT. Note the comparison of XOM/IOC and GZP/JFE as both 'sold'.
On to future deals in PNG. Who does not believe that there is much more than an XOM sale of 4.6Ts in IOC's immediate future? His claim, a while back, of investigations of 'short crooks on E and W coasts' was unique. Wonder how that is going.
Anyone have any color on SEC/IOC from AGM?
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"Anyone have any color on SEC/IOC from AGM?"
Color? Black and white vertical stripes most recently being worn by a guy in Lexington. What happened there could well happen again.
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Black and white stripes, now what does that remind me off, Palm, haha.
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Enemy uniforms which come in two and four legged styles
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Sounds a little bigger than 4.6Ts.
**********
..."In PNG’s Gulf province, InterOil is starting a three-month 2D seismic campaign in petroleum prospecting licence 338, which neighbours its Triceratops-hosting licence.
While PPL338 is shared by Oil Search and Kina Petroleum, this joint venture is getting Gulf expert InterOil to shoot up to 6 seismic lines over a 62km northern portion of PPL338.
In regards to the ongoing exclusive negotiations between PNG LNG operator ExxonMobil and InterOil, Exxon is not offering much insight through official channels.
“ExxonMobil Papua New Guinea, InterOil and Pacific LNG are in exclusive negotiations for the purpose of concluding a sales and purchase agreement,” An Exxon spokesperson said.
“It is not ExxonMobil’s practice to comment on the content of commercial negotiations.”
ExxonMobil’s Middle-East and Australia development head Mark Nolan recently confirmed that the talks were focused on securing enough of InterOil’s Elk-Antelope gas to support a third or fourth train expansion of PNG LNG."...
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A new Exxon train is 24-30 months from FID date. EWC ?? if them would be 24 months and they are FID ready and financed. Total would be 5 years plant construction time. Plenty of time to poke more holes in ground find more goodies.