11-19-2013, 08:01 PM
Hi Tree,
Basically the same sort of information exists in the Investor Field Trip document.
http://www.oilsearch.com/Media/docs/1311...448d-0.pdf
Document Pg: 34
OSH View on Potential Development Scenarios
*************************************************
# PNG LNG expansion (Train 3) through development of P’nyang and/or Hides
upside and/or other Highland’s resources
# PRL 15 may offer opportunity for parallel development of further LNG train
through some form of integration into PNG LNG Project
# Alternatively, PRL 15 resources may be developed independently of PNG
LNG as separate project which may still utilise existing PNG LNG
infrastructure
So it does look like Elk-Antelope has a very high probability of being used at the PNGLNG site.
If I interpret what is written in that document correctly (???) it is looking like the PRL 15 gas may not be actually a direct part of the PNGLNG partners operation, but may be some sort of special agreement (process or adjacent construction) add on operation.
Do others get the impression that maybe IOC and XOM may be doing an independent partnership agreement for that gas and therefore the impression that IOC may get a slice of the first 2 trains at PNGLNG is not a probable event? Or am I just misreading the OSH document?
Basically the same sort of information exists in the Investor Field Trip document.
http://www.oilsearch.com/Media/docs/1311...448d-0.pdf
Document Pg: 34
OSH View on Potential Development Scenarios
*************************************************
# PNG LNG expansion (Train 3) through development of P’nyang and/or Hides
upside and/or other Highland’s resources
# PRL 15 may offer opportunity for parallel development of further LNG train
through some form of integration into PNG LNG Project
# Alternatively, PRL 15 resources may be developed independently of PNG
LNG as separate project which may still utilise existing PNG LNG
infrastructure
So it does look like Elk-Antelope has a very high probability of being used at the PNGLNG site.
If I interpret what is written in that document correctly (???) it is looking like the PRL 15 gas may not be actually a direct part of the PNGLNG partners operation, but may be some sort of special agreement (process or adjacent construction) add on operation.
Do others get the impression that maybe IOC and XOM may be doing an independent partnership agreement for that gas and therefore the impression that IOC may get a slice of the first 2 trains at PNGLNG is not a probable event? Or am I just misreading the OSH document?