02-26-2014, 02:14 AM
'Brew Swillis' pid='37939' datel Wrote:
'Spartina' pid='37937' datel Wrote:800 million - interesting number.
Especially since it's likely in Australian dollars.
I have been told that Mega Majors either find hydrocarbons or buy them.
Juniors like IOC & OSH have proven they can find hydrocarbons in PNG.
Mega Majors prize these relatoinships as they bring reserve replacement ratios up for the mega's and supers. Growing future sales make those shareholders smile.
70+ MTA still unaccounted for up to 2020. No TPP treaty this year... get your LNG in PNG.
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