IOC's sucky Data Room

[Palm]

Agree; there has for a long time been a fear of the wrong eyes/ears getting info before the right time and a lowball offer being made and/or an Operation Zebra type of thing occurring where a major might try and take IOC's licenses (but of course we know that type of thing never occurs). There was even a point back in 2010 or so where IOC responded to the crap shorts were throwing about and called out OSH specifically on spreading false/misleading info on IOC's formations, quality and quantity of finds etc. I think when Ant 2, T2 and Ant 3 all hit and IOC came out last year with there slides stating "According to the old models these finds shouldn't even be here. However the new seismics that have been done show that what's actually here is much different than what was expected." In other words, what theyve said all along is true and these other companies hate the fact that they walked away from what are now huge reservoirs full of gas and liquids.

Serious bidders only are welcome I believe IOC said not too long ago.