06-14-2013, 12:32 PM
"ltinvest-
Please read this report below and show us where on your list you account for this $1Billion expense by Exxon on the behalf of IOC/PACLNG. Or one needs to adjust the price for this item. So what else do we need to adjust the price paid for??? More than this its safe to say.Best to wait for the analyst write ups..."
JFT, I find your posts puzzling. Your replys suggest I am making up this list or I am some short attempting to mislead or misrepresent the facts. I simply pass on what I believe to be information helpful to IOC investors. As I've made clear, I have no first hand knowledge of negotiations. If you have reliable information that confirms Exxon will contribute $1B to Interoil's future drilling.....great. I have not personally heard such information and, therefore, it would not be appropriate for me to pass on such information. I read everything Pavel writes as well as the other analysts and will continue to do so.
"******Both InterOil and Pacific LNG will be funded to drill additional wells in the Elk and Antelope fields followed by recertification of the resource.****(Actually the wells will be drilled at E/A and at the 3 prospects in PRL15.Its stated. Expected cost $1 Billion)"
If there is truth to this, I think thats wonderful. $1B pays for a lot of wells. Are the parenthesis your addition or do you have credible information confirming this figure?
As for point #6......I pointed out a week ago that ownership in Train #3 was up for negotiation. It comes as no surprise this might be a point of contention since it involves parties beyond Exxon & Interoil.
Please read this report below and show us where on your list you account for this $1Billion expense by Exxon on the behalf of IOC/PACLNG. Or one needs to adjust the price for this item. So what else do we need to adjust the price paid for??? More than this its safe to say.Best to wait for the analyst write ups..."
JFT, I find your posts puzzling. Your replys suggest I am making up this list or I am some short attempting to mislead or misrepresent the facts. I simply pass on what I believe to be information helpful to IOC investors. As I've made clear, I have no first hand knowledge of negotiations. If you have reliable information that confirms Exxon will contribute $1B to Interoil's future drilling.....great. I have not personally heard such information and, therefore, it would not be appropriate for me to pass on such information. I read everything Pavel writes as well as the other analysts and will continue to do so.
"******Both InterOil and Pacific LNG will be funded to drill additional wells in the Elk and Antelope fields followed by recertification of the resource.****(Actually the wells will be drilled at E/A and at the 3 prospects in PRL15.Its stated. Expected cost $1 Billion)"
If there is truth to this, I think thats wonderful. $1B pays for a lot of wells. Are the parenthesis your addition or do you have credible information confirming this figure?
As for point #6......I pointed out a week ago that ownership in Train #3 was up for negotiation. It comes as no surprise this might be a point of contention since it involves parties beyond Exxon & Interoil.