Palm, the article did not say that "the possible 19.3% sell down comes out of "Interoil's remaining interest" ", but that "Total's 61.3% equity in PRL 15 and InterOil's remaining equity could be sold down by a further 19.3%", and adds the similar quote from Total's PR. He should have added, however, that if done it would be expected to come out of Total's equity, which was indicated in Total's PR, although not very specifically or clearly. I think much of the fault for the fuzziness on that lies with Total, who contributed to the debacle on Dec 6. I agree it's still a poor article.
Are you referring to Section 15.7, Assignment, in the SPA, or is there more somewhere else?
Are you referring to Section 15.7, Assignment, in the SPA, or is there more somewhere else?