OSH/PacLNG Deal Details Reported

[Tree]

Tree If OSH ended up with PAC LNG's share does that mean that IOC only has 7% of E/A?

sure looks that way to me.  Another damn case of bad PR.  Market opens and shitstorm returns I fear.  Unbelievable.

We need more black coffee.  PacLNG's 23% share was in addition to IOC's share, not part of IOC's share.  IOC/PacLng/IPI owned 100% PRL15 with IOC owning 78% prior to TOT deal.