Iluvioc says "the deal is done"

[petrengr1]

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The deal is

by iluvioc • 7 hours ago Flag

DONE. I hope you all understand this. I see some messages indicating other wise. You don't say you will make an announcement with a dead line unless it's finished. Other wise the other party has a strong advantage in their position. No, all that is being done is formalizing the paper work. Now what is the deal? I don't know but I can speculate. It will be a monster. Why? Because if this was just about price per MCF or how much LNG, this would have been done months ago. No it will be IMHO a very robust deal creating billions of $$$ in revenues for IOC. I will not go over the particulars because those reasons have been presented by many and if you have not bothered to listen or done your own D&D you don't deserve to prosper. The long longs have never been wrong. Less

Here is and excerpt from the conference call. I have been wondering if someone said something he didn't intend to.

Collin Francis Visaggio - Chief Financial Officer
Yes, I can probably answer that. Look, at this point, we're working through finalizing all of our budgets for the coming year. We have released some information with respect to the work program that's underway. And that would give you some indication with respect to that work program, and there could also be other work associated with the projects and the new partner. So we're working that through our OCMs and TCMs at the moment, and of course, with the discussions we're having with the new partner.
Michael Hession - Chief Executive Officer
I think, I've been -- I'd back that up with the -- I talked about the bids that we've got on the table. And you've been -- you're aware of the financial facilities that we've now got in place. And we believe we're absolutely well-placed to undertake the activity that we've outlined so far today.