(02-03-2014, 12:55 AM)sydbod Wrote: ....From memory I read somewhere that Total is also joining or about to join OSH in this farm in. (sorry I cant remember where I saw this so take it with a grain of salt) But if the above is true, .......
http://www.bby.com.au/bby-insight/kina-p...in-ppl-338
"Oil Search announced that one of its farmin partners for its 5 Gulf of Papua Licences is French company TOTAL SA. OSH and TOTAL will hold equal interests in each of the five licences and will work in partnership to explore and appraise the area. The completion of this transaction will mark the first entry of Total Exploration & Production into PNG. What this means is TOTAL will join Kina Petroleum in PPL 338 as a Joint Venture partner for future exploration and appraisal activities.
There it is ...... most of written material about PPL338 only talks as if OSH is the only farmin partner to PPL 338, but Total actually has the same farmin equity as OSH in this licence.
This is why I believe Triceratops has a higher possibility of being a Total,OSH,Kina,IOC based development rather than going to PNG LNG.