01-27-2013, 01:28 AM
'jft310' pid='16652' datel Wrote:With a Super Major chosen by IOC no as in zero 27.5% taken for Domestic use. Is what I hear . I bet what Taru says above is a good solid update of the four majors. Exxon can bid more than anyone else because they have so much invested in infrastructure already.And Exxon can get conditioned NG in 24 months ish, quicker than anyone else. They are the no brainer but will they win?? Pull up the OSH chart and see what happened when Exxon partnered with OSH and they announced a deal!!!!Kinda blows away any 100% increase in stock price. Thats way low based on OSH and Exxon partnering!!
The process:
IOC --><--IBs-->Bidders' Negotiating Teams-->Bidders' Approval Committees-->Bidder's BoD's say yay or nay-->Bid to IB-->Presented to IOC Bod 1st week March
All Bidders will have had adequate time by the 28th. XOM's initial PNG LNG sale price was $2.20/M and legend has it that has always been Phil's price.