05-13-2013, 10:42 PM
Let's be practical. If your were a Super Major would you have crossed the leases bridge with the PNG govt?? Or would you spend millions bidding on leases when you don't know who the owner will be????
Reality IOC has the NG, the leases and will sell them down or maybe even out. Next problem.
Reality IOC has the NG, the leases and will sell them down or maybe even out. Next problem.