Duma on TLM - Gulf LNG Mentions

[Palm]

I think we must consider it a given that PNG has passed the "tipping point" as far as interest by majors/SMs. That's a huge point with any trend. Whereas 2 years ago we had really only Exxon and Talisman doing exploration, we now have those 2 plus, Shell, Total and interest by Chevron, JAPEX, KOGAS and possibly Petronas. I'm sure I'm missing a couple. We are now at the stage of intense exploration breaking loose and that's when it gets very exciting. I really believe IOC's partnering will unleash the actual exploration tipping point. This is because the government will be setting the bar by defining and approving the Gulf LNG PA. Others will then know the plan for development, and the rigs will start to roll into PNG.

That's what I can't wait for.