Significant article re IOC and Oil Search

[Libtardius Maximus]

Can be found at afr.com

I would post it here but might be in violation of copyright laws. I strongly urge all IOC longs to read this by going to the website and creating a free two week account. I would also recommend that this not be posted here for reason explained above.

For the first time somebody got the size of EA right in $ instead of T's.

[jft310]

Oil Search is comtemplating an equity raise with Total

Street Talk

Oil Search mulls equity raise ahead of Total deal

If all the stars align, Port Moresby-based Oil Search will, by the end of March, control a hefty stake in the largest gas deposits ever found in Papua New Guinea.

[Tusker]

Oil Search is comtemplating an equity raise with Total

Street Talk

Oil Search mulls equity raise ahead of Total deal

If all the stars align, Port Moresby-based Oil Search will, by the end of March, control a hefty stake in the largest gas deposits ever found in Papua New Guinea.

Wonder what a Stratigic Exploration Partnership of 50% of one or all of InterOils PPL's could add up to.

Stratigic for whom ? Two names have sparkle

" border="0" class="smilie" src="images/smilies/cool.gif" />

[jft310]

I think $300 million raises the bar substantially