05-01-2013, 04:25 AM
My favorite part............
InterOil's stock is implying a valuation of under $0.65 per mcf of 2C resources, and I estimate that Exxon can generate an extraordinary return on its investment even if it pays several dollars per mcf for InterOil's PRL 15 at a conservative LNG pricing slope.
InterOil's stock is implying a valuation of under $0.65 per mcf of 2C resources, and I estimate that Exxon can generate an extraordinary return on its investment even if it pays several dollars per mcf for InterOil's PRL 15 at a conservative LNG pricing slope.