02-25-2013, 06:32 AM
I haven't been at Yahoo for quite some time but had a look at that list. Couple of comments:
- These quotes aren't surprising or necessarily suspect at all. Most CEO's working in the oil&gas industry will have noticed the Elk1 discovery, and especially the Antelope discovery, and these people talk to one another all the time, their world isn't that big. That other parties expressed an interest is natural and to be expected.
- There is quite a difference between expressing an interest, and concluding a multi-billion dollar deal
- InterOil was only fairly recently ready to do the latter, only when Antelope was properly appraised by other wells and third party (GLJ) and Government approval granted. This is only a couple of years. The shorts who invariably argue that IOC has promised deals for over a decade are smoking some funny stuff.
- Note also the contradiction in what they often claim: 1) IOC has promised deals for over a decade 2) Elk/Antelope isn't properly appraised. These statements can't both be right at the same time. No 'conviction' shorts here, just opportunists throwing stuff at the wall in the hope something sticks.
- To compose that list of quotes must have taken considerable time (as did other stuff like very long winded comments posted at the end of SA articles) Be aware of people exerting this much effort but claiming not to have a position.
- These quotes aren't surprising or necessarily suspect at all. Most CEO's working in the oil&gas industry will have noticed the Elk1 discovery, and especially the Antelope discovery, and these people talk to one another all the time, their world isn't that big. That other parties expressed an interest is natural and to be expected.
- There is quite a difference between expressing an interest, and concluding a multi-billion dollar deal
- InterOil was only fairly recently ready to do the latter, only when Antelope was properly appraised by other wells and third party (GLJ) and Government approval granted. This is only a couple of years. The shorts who invariably argue that IOC has promised deals for over a decade are smoking some funny stuff.
- Note also the contradiction in what they often claim: 1) IOC has promised deals for over a decade 2) Elk/Antelope isn't properly appraised. These statements can't both be right at the same time. No 'conviction' shorts here, just opportunists throwing stuff at the wall in the hope something sticks.
- To compose that list of quotes must have taken considerable time (as did other stuff like very long winded comments posted at the end of SA articles) Be aware of people exerting this much effort but claiming not to have a position.