10-09-2012, 10:07 AM
'TxPm' pid='10921' datel Wrote:Just in Oil Search sold half of their stake in the gulf of Papua to Total. Press release doesn't give in pricing info that I see so far.
http://www.oilsearch.com/Media/docs/1210...892b-0.pdf
Further de-risking of PNG. Let's see, XOM, Shell, Total all seeking 30-50 yrs. of revenues in investment worthy iittle ole PNG. Wonder which SM IOC will add to the list of who's who of SMs and NOCs to the neighborhood??

