10-31-2013, 09:24 AM
OK - blue sky here... If Exxon were to buy InterOil outright and close the deal by 12/31/13 (big IF of course), would Exxon be able to add the Elk/Antelope resource to their SEC approved reserves ???
If so, how much does 9 TCF of gas and a bunch of condensate work out to be PERCENTAGE-wise with respect to Exxon's current reserves?
Would it be a 1% increase ? 2% increase ? Would it be too small to matter ?
Just wondering if Exxon is "sensitive" to the fact that they are not replacing their reserves (or do I have my facts wrong on this point?)..... Hmmm.....