It's all my fault.

[Getitrt2]

Good luck, Gator. While wishing you the best, I think the board will be better without you.

Thy, I respect your input and see you as a very valued member of this site.  However, I disagree with your post.  If for no other reason, this site needs varied and sometimes opposing positions to keep it honest.  If the goal of some is to bully those who strongly disagree with a opposing view so they leave we are left with only one opinion.  That to me is dangerous.  I do not think Gator is a negative in fact I think he is a positive.  Gator, I will give a comment that I personally do not think represents you as a "pebble" all the time but in this case yes.   I once heard the managing partner a multimillion dollar company (just prior to a multimillion dollar sale of the company ) refer to the #3 partner as being "a pebble in my shoe".  When the #3 partner said "wow, that is not a overwhelming endorsement" the managing partner said "actually it is".  When questioned further the managing partner said "sometimes the pebble is needed to tell you something is wrong".  The pebble assisted in facilitating a sake that made all the partners a lot of money.  There are CFOs on this board as well as other executives.  The CFOs job is often to tell the CEO nice idea but you are off base.  They are sometimes a "pebble".  Who here would design a board of directors with all having the exact mindset, not me.  Gator, I hope you reconsider and stay.  I for one will find SHU losing its alanine if all those who think one way push/bully those of different opinions off the site.  If those who desired to push Gator off succeed you have done no one here a true service.

Neither I nor anyone else that I know of had a "goal" to "bully" Gator for "strongly disagreeing with an opposing view".  I think I have thoroughly explained my criticisms, which I assume you agree I have a right to strongly express as well, if you care to read them, and they were not personal attacks.  Objectively expressing opposing views, and supporting them, is very different from engaging in a relentless distorted repetitive campaign against management, with no possible constructive purpose, about what has happened in the last two and a half years, admittedly to vent frustrations about  the stock, without even properly considering and responding to rational disagreements opposing his "view", wasting the time of others as well and potentially creating unjustified negative uncertainty about the Company and stock that could hurt us all.  I have not accused him of being short, but that is what shorts did to this Company for years, with little difference in results.  I think Gator made some worthy contributions, and my preference was for him to change his approach and put behind what is irrelevant about the past and engage in objective constructive fact finding, analysis, and debate, rather than leave; but that is his choice, and I agree probably best without some change.

[Getitrt2]

Thy said: "Good luck, Gator. While wishing you the best, I think the board will be better without you." How sad to see that this seems to be the conclusion of so many on SHU ... facts put onto the table by Gator and others are considered to be postings by people who have an "Agenda." Those who appreciate Gator (sfiaes, ebster, Martini, ME, Petrovale, et al) are apparently in the minority. At least people like Thy grudgingly wish Gator "Good Luck" ... WHY? Because if Gator is "Lucky" it means IOC's share price improved. I must say, Thy, that I agree with your view: seeing a positive outcome from continuing to hold IOC going forward will require a whole lotta Luck. TRANSLATION: Gambling! People should invest in IOC because they conclude - - - based on facts, circumstances, and the plans laid out by Management for shareholders to see and monitor - - - that an investment made in IOC will have a higher return than putting the money into another holding (or even putting it under the mattress). Unfortunately, I've spent the past two years watching IOC bumble and stumble along, repeatedly missing timelines. None of my expectations were met. I also agree with Getitrt that the ultimate E/A Resource Payment from Total to IOC will not be impacted by the "oil collapse." BUT for the love of Mike (and for Pete's sake), how can this guy always Get It All So WRONG, and continually praise a CEO who claimed (loudly and with conviction I may add) that he would under-promise on every aspect of the company performance and then subsequently proceeded to under-deliver based on the under-promises. Dr Hession seemingly removes the pebbles from his shoes every afternoon before he goes home. There must be SOMETHING that "Getitwrong" thinks IOC Top Management failed to do properly in the past 2+ years?

I assure you that disagreements and problems I had with Gator, and likely others, had nothing to do with "facts" he "put onto the table", although perhaps with his repetitive and unending misinterpretation and misuse of them while ignoring any contrary facts or interpretations.

I dare say no one, including you, is more disappointed and frustrated with "missed timelines" than I; but that definitely did not start with Hession, and he has met or beaten some timelines as well.  I also doubt anyone could have done better in PNG under the existing circumstances.  Furthermore, I strongly believe that if Mulacek had been able to hang on and the BOD not replaced him with Hession, it would have been disastrous for IOC and its shareholders. Not all, but some, of my "expectations" have been met, or exceeded, including for example the credit facility obtained and exploration program launched in the Fall of 2013, which drove up the stock before the subsequent drop, in hindsight the Total deal reached ahead of schedule (in spite of the communication of it apparently being mishandled, although I'm not sure anything could have overcome the inflated expectations from Mulacek and the short attack), the expanded and enhanced seismic and survey program, the $526 million raised from the refinery and downstream assets and refocus of strategy, the win of the arbitration, the apparent better-than-expected appraisal resource results for E/A achieved so far with Ant 4 and Ant 5, likely to have enormous positive ramifications for the Company, the big improvements in rig equipment and capabilities, the much improved credibility among major investment firms with at least eight BUY recommendations, etc.  I think if you were really honest with yourself, you would not be saying, "NONE of my expectations were met.", unless they were totally unreasonable.

Agreeing I am right about something, and in the next sentence claiming I "always Get It All So Wrong" is rather contradictory, don't you think?  I am sure I have gottern many other things right, too, some major, such as not doing an E/A deal with Exxon.  I would expect more accuracy and precision from an engineer.  Of course, I don't claim to get everything right, but I try.  Also, I do not initiate any postings for the purpose of "praising" the CEO.  I am normally simply responding to posts I think are wrong or unfair, and there HAVE been times when I have been critical of the Company, although I am usually inclined to concede the benefit of the doubt when I don't know enough, which I would say occurs frequently.

[Getitrt2]

I agree with steve. Don't let the board bully get you down. We still appreciate you. Maybe we could make an Interoil subforum where getit just makes 1 post each day calling anyone negative a short and haranguing everyone at once so it doesn't have to be done repeatedly in every thread.

MRP, you just posted a personal attack, including name calling, like Steve just above stated should not be allowed and should be deleted by the administrator, and did to me what you are falsely accusing me of doing repeatedly to others, which I think has to be considered extremely hypocritical.  Your accusations include an obvious LIE that I "call anyone negative a short" and "harangue everyone repeatedly in every thread".  Maybe you just lost control of your emotions and it makes you feel better, but you yourself are being abusive and violating the Rules of the Forum.

In addition to using the Forum as a source of valuable information and analysis from some very competent and insightful other users, I sometimes spend a lot of time, more than I really want, and make numerous postings, usually in response to other postings, in an effort to contribute myself and improve the quality of the Forum content and inform other users, in conjunction with the purposes and Rules of the Forum, and thereby assist other shareholders and prospective investors.  That necessarily involves honest disagreements sometimes, which is fine with me.  However, I consider this Forum too valuable to ignore it and not speak up when I can and think people are being misinformed or misled, accidentally or otherwise, or people on or off the Forum are being abused or treated unfairly.

I challenge you to identify any posting(s) among the large number you accuse me of posting of that kind, where I have actually accused someone of being "short", or "bullied" or "harangued" someone repeatedly, as opposed to disagreeing with something and providing facts or explanation as to why I consider something wrong or inappropriate, and I shall endeavor to make amends or at least learn a lesson from it.

[ebster123]

Good luck, Gator. While wishing you the best, I think the board will be better without you.

Thy, I respect your input and see you as a very valued member of this site.  However, I disagree with your post.  If for no other reason, this site needs varied and sometimes opposing positions to keep it honest.  If the goal of some is to bully those who strongly disagree with a opposing view so they leave we are left with only one opinion.  That to me is dangerous.  I do not think Gator is a negative in fact I think he is a positive.  Gator, I will give a comment that I personally do not think represents you as a "pebble" all the time but in this case yes.   I once heard the managing partner a multimillion dollar company (just prior to a multimillion dollar sale of the company ) refer to the #3 partner as being "a pebble in my shoe".  When the #3 partner said "wow, that is not a overwhelming endorsement" the managing partner said "actually it is".  When questioned further the managing partner said "sometimes the pebble is needed to tell you something is wrong".  The pebble assisted in facilitating a sake that made all the partners a lot of money.  There are CFOs on this board as well as other executives.  The CFOs job is often to tell the CEO nice idea but you are off base.  They are sometimes a "pebble".  Who here would design a board of directors with all having the exact mindset, not me.  Gator, I hope you reconsider and stay.  I for one will find SHU losing its alanine if all those who think one way push/bully those of different opinions off the site.  If those who desired to push Gator off succeed you have done no one here a true service.

Neither I nor anyone else that I know of had a "goal" to "bully" Gator for "strongly disagreeing with an opposing view".  I think I have thoroughly explained my criticisms, which I assume you agree I have a right to strongly express as well, if you care to read them, and they were not personal attacks.  Objectively expressing opposing views, and supporting them, is very different from engaging in a relentless distorted repetitive campaign against management, with no possible constructive purpose, about what has happened in the last two and a half years, admittedly to vent frustrations about  the stock, without even properly considering and responding to rational disagreements opposing his "view", wasting the time of others as well and potentially creating unjustified negative uncertainty about the Company and stock that could hurt us all.  I have not accused him of being short, but that is what shorts did to this Company for years, with little difference in results.  I think Gator made some worthy contributions, and my preference was for him to change his approach and put behind what is irrelevant about the past and engage in objective constructive fact finding, analysis, and debate, rather than leave; but that is his choice, and I agree probably best without some change.

Discalimer Getit, this is my opinion (obviously)... The management team has done ABSOLUTELY NOTHING positive for the pps in the past several years.  To hear Sageo say he is looking at $79pps as a buyout being an acceptable out at this point is understandable on his part.  At the same time it is utterly pathetic.  To not hear more desention about management's lack or desire or at least inability to raise pps is pathetic.  There is regular continual pumping about how great things will be in 2022 by several posters.  Honestly, who gives a mules turd!!  Most of us are in at almost double the current pps.  This is a sorry and sad representation  of management's care or concern for long term holders.  That sucks, plane and simple.  I am tired of the BS lines, I prefer action and moreover price appreciation.  The former means little without the later, I prefer results not excuses.  Now I guess I will wait for some to either think or post "well then sell and be done with it".  My response, I was not in at $10 like many here so save your breath and typing.  The lack of holding management accountable to the dismal pps and to those of us who have not sold short, not bought puts and have in fact held long term makes them (management) in some respects as bad a the shorts.  MH should be ashamed of his pathetic depreciation of pps on his watch.  I will give him this, he did under promise and over deliver....to the shorts!!  If you don't like it maybe you are blinded by the light of the pink shirt.  At this point I don't give a rats but about anything except making money.  Management members are making money in salary while we lose our "pink" shirts.

[Putncalls]

You said it Ebster!!!! I agree on almost everything you said. IOC management sucks. Hessian wasn't successful in his last project either. The good news is the resource (I pray). I'ts pretty much all in Totals hands now. They decide when to invest.

[Thylacine-2]

Is this the only oil or gas stock you guys own? I guess management must suck on all the oil and gas companies I own or follow. The sp is in the pits for all of them.

[Putncalls]

What is an sp?

[Martinistocks]

Share Price???

[Kaliboo]

Gator, thanks for all your contributions.  I hope you will reconsider.  A  MB that can only see or imagine the upside and the positive is not a credible board.  Persons that remind us of the failures and disappointments of IOC are valuable. You did a good job of that.  It would be nice if people could be kinder here.  I spend much less time reading and posting due to that.

Best regards,

Kaliboo

[Getitrt2]

Good luck, Gator. While wishing you the best, I think the board will be better without you.

Thy, I respect your input and see you as a very valued member of this site.  However, I disagree with your post.  If for no other reason, this site needs varied and sometimes opposing positions to keep it honest.  If the goal of some is to bully those who strongly disagree with a opposing view so they leave we are left with only one opinion.  That to me is dangerous.  I do not think Gator is a negative in fact I think he is a positive.  Gator, I will give a comment that I personally do not think represents you as a "pebble" all the time but in this case yes.   I once heard the managing partner a multimillion dollar company (just prior to a multimillion dollar sale of the company ) refer to the #3 partner as being "a pebble in my shoe".  When the #3 partner said "wow, that is not a overwhelming endorsement" the managing partner said "actually it is".  When questioned further the managing partner said "sometimes the pebble is needed to tell you something is wrong".  The pebble assisted in facilitating a sake that made all the partners a lot of money.  There are CFOs on this board as well as other executives.  The CFOs job is often to tell the CEO nice idea but you are off base.  They are sometimes a "pebble".  Who here would design a board of directors with all having the exact mindset, not me.  Gator, I hope you reconsider and stay.  I for one will find SHU losing its alanine if all those who think one way push/bully those of different opinions off the site.  If those who desired to push Gator off succeed you have done no one here a true service.

Neither I nor anyone else that I know of had a "goal" to "bully" Gator for "strongly disagreeing with an opposing view".  I think I have thoroughly explained my criticisms, which I assume you agree I have a right to strongly express as well, if you care to read them, and they were not personal attacks.  Objectively expressing opposing views, and supporting them, is very different from engaging in a relentless distorted repetitive campaign against management, with no possible constructive purpose, about what has happened in the last two and a half years, admittedly to vent frustrations about  the stock, without even properly considering and responding to rational disagreements opposing his "view", wasting the time of others as well and potentially creating unjustified negative uncertainty about the Company and stock that could hurt us all.  I have not accused him of being short, but that is what shorts did to this Company for years, with little difference in results.  I think Gator made some worthy contributions, and my preference was for him to change his approach and put behind what is irrelevant about the past and engage in objective constructive fact finding, analysis, and debate, rather than leave; but that is his choice, and I agree probably best without some change.

Discalimer Getit, this is my opinion (obviously)... The management team has done ABSOLUTELY NOTHING positive for the pps in the past several years.  To hear Sageo say he is looking at $79pps as a buyout being an acceptable out at this point is understandable on his part.  At the same time it is utterly pathetic.  To not hear more desention about management's lack or desire or at least inability to raise pps is pathetic.  There is regular continual pumping about how great things will be in 2022 by several posters.  Honestly, who gives a mules turd!!  Most of us are in at almost double the current pps.  This is a sorry and sad representation  of management's care or concern for long term holders.  That sucks, plane and simple.  I am tired of the BS lines, I prefer action and moreover price appreciation.  The former means little without the later, I prefer results not excuses.  Now I guess I will wait for some to either think or post "well then sell and be done with it".  My response, I was not in at $10 like many here so save your breath and typing.  The lack of holding management accountable to the dismal pps and to those of us who have not sold short, not bought puts and have in fact held long term makes them (management) in some respects as bad a the shorts.  MH should be ashamed of his pathetic depreciation of pps on his watch.  I will give him this, he did under promise and over deliver....to the shorts!!  If you don't like it maybe you are blinded by the light of the pink shirt.  At this point I don't give a rats but about anything except making money.  Management members are making money in salary while we lose our "pink" shirts.

I'm glad you took the time to let us know how badly you want the pps to go up, like everybody else; welcome to the club!  There is no point in any real response to this useless exercise in public whining and venting of your understandable frustration and anger, especially given all the previous discussion of the facts and causes;   and I guess you need to take it out on someone, regardless of how rational or justified.

PS:  Have you not been paid salaries for your work?  I think that's very normal, in fact generally necessary!