06-06-2013, 03:52 AM
JFT, I would expect XOM to own the same proportion of the CSP and other PRL 15 infrastructure as they do of the gas and condensate resources, although I certainly do not have any inside information on that.
I think LNG in the Gulf is much more likely than at NAPA NAPA. We still have the major issue of the cost of a long undersea pipeline to NAPA NAPA. However, perhaps gas from PPLs 236 and 238 could eventually lead to LNG at NAPA NAPA! I'm hoping this deal also leads to major expansion and acceleration of exploration drilling, as well as appraisal and production drilling. Anyone have any further insight on that?
I think LNG in the Gulf is much more likely than at NAPA NAPA. We still have the major issue of the cost of a long undersea pipeline to NAPA NAPA. However, perhaps gas from PPLs 236 and 238 could eventually lead to LNG at NAPA NAPA! I'm hoping this deal also leads to major expansion and acceleration of exploration drilling, as well as appraisal and production drilling. Anyone have any further insight on that?