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Concise summary of last night's Upstream article on RDS's bid
#18

(08-24-2013, 05:33 AM)Getitrt2 Wrote: Resourcearb, is a "reporter" connected to this "Upstream" article the same one who was the source for your posting here yesterday about an unsolicited bid from Shell? Very similar. Why would you think Shell would be more likely to "contemplate" a complete takeover of IOC AFTER a deal with Exxon rather than before?

PNG govt needs cash asap, thus O´Neill wants an IOC-XOM deal.   With a takeover, Shell would honor the XOM gas sale to keep O´Neill happy and be able to use FLNG in developing whatever there may be.  And Duma would be very supportive...lol

katytrader

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RE: Concise summary of last night's Upstream article on RDS's bid - by katytrader - 08-24-2013, 09:57 AM

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