12-28-2013, 11:41 PM
'Tree' pid='35183' dateline='<a href="tel:1388160 Wrote:Hey Syd, You say: "We should not get peoples hopes up too high until we get firmer information otherwise it can again lead to disappointment." I agree, that is why we need to focus on what we know. Wood MacKenzie as to cost of Hides wells: http://shareholdersunite.com/mybb/showth...p?tid=3974 and an Upstreamonline article from Dec. 13th: http://www.upstreamonline.com/hardcopy/n...346372.ece Bottom line is PNG LNG still needs gas and Santos is reported to consider E/A gas an option, a full week after the TOT/IOC lash up. My conclusion is E/A gas still is PNG LNG's best option for gas based on availability, speed to market and cost. How is this getting peoples hopes too far up??
Assuming the Total deal closes which seems a safe bet than the best place for Exxon to get gas is Triceratops . Remember that
T in the Exxon pipeline. At the Roadshow it was said that Exxon needed 2.5 T's for expansion and that most likely one well
placed new well at Triceratops could provide that for them . Not sure who would supply the rig , or when but we have
no Exxon deal today .PRE could drill that well for IOC . The wells not drilled but Exxon/triceratops situation was discussed at the
roadshow .