08-30-2013, 01:41 AM
My speculation:
The deal will likely not be announced as a per/mcf deal. It will be some times of a partnership like arrangement for prl 15 or for 4.6 tcf of prl 15. They will say there will be x amount of money upfront and staged payments of x based on certain time points. Then there will be the percentage ownership of the third train of png lng and the percentage of ownership of the condensate facilities.
Furthermore, there will be a question of future partnership for the rest of prl 15 and/or further exploration.
We and the analysts can then figure our the value of the deal and where that values InterOil based on those numbers. This valuation can include the time value of money.
The deal will likely not be announced as a per/mcf deal. It will be some times of a partnership like arrangement for prl 15 or for 4.6 tcf of prl 15. They will say there will be x amount of money upfront and staged payments of x based on certain time points. Then there will be the percentage ownership of the third train of png lng and the percentage of ownership of the condensate facilities.
Furthermore, there will be a question of future partnership for the rest of prl 15 and/or further exploration.
We and the analysts can then figure our the value of the deal and where that values InterOil based on those numbers. This valuation can include the time value of money.