02-03-2014, 12:17 AM
Hi Stavros,
I dont think it is such a big secret that sources become all that important, one just has to look and see what is happening around there.
OSH is already earning interests from Kina Petroleum into PPL 338 and PPL 339. Both adjacent to area covered by IOC.
Triceratops may possibly extend into PPL 338.
OSH has a tie in with Total.
The seismic from Triceratops extension into PPL 338 was finished some time ago and outcome of that study has been kept very very quiet. (something OSH does not tend to do no mater what the outcome information happens to be, positive or negative).
It is only a matter of time before IOC and OSH would happen to have common interests in that area of PNG if we believe that that area is so prospective.
It may be within the realm of possibility that some sort of understanding is trying to be nutted out between IOC, Total and OSH about common interests in that area.
However, I don't see anything to suggest (at the moment ) that XOM is involved in any way.
I dont think it is such a big secret that sources become all that important, one just has to look and see what is happening around there.
OSH is already earning interests from Kina Petroleum into PPL 338 and PPL 339. Both adjacent to area covered by IOC.
Triceratops may possibly extend into PPL 338.
OSH has a tie in with Total.
The seismic from Triceratops extension into PPL 338 was finished some time ago and outcome of that study has been kept very very quiet. (something OSH does not tend to do no mater what the outcome information happens to be, positive or negative).
It is only a matter of time before IOC and OSH would happen to have common interests in that area of PNG if we believe that that area is so prospective.
It may be within the realm of possibility that some sort of understanding is trying to be nutted out between IOC, Total and OSH about common interests in that area.
However, I don't see anything to suggest (at the moment ) that XOM is involved in any way.