05-24-2013, 02:18 AM
And here is something else to consider. Finding another whopper post-deal will be much more beneficial to IOC as:
- LNG plant and infrastructure already under construction from E/A development
- No need for IOC to do another big sell down
So they can keep more of it while incurring much less cost.
Many think Tri is that other whopper already. I think we're not quite there yet with Tri, but then again (considering GLJ's first assessment), I'm not a resource engineer and it does look promising (size of structure, PRE comments, etc.). One good well could make this story materialize before our eyes.
- LNG plant and infrastructure already under construction from E/A development
- No need for IOC to do another big sell down
So they can keep more of it while incurring much less cost.
Many think Tri is that other whopper already. I think we're not quite there yet with Tri, but then again (considering GLJ's first assessment), I'm not a resource engineer and it does look promising (size of structure, PRE comments, etc.). One good well could make this story materialize before our eyes.

