OSH/PacLNG Deal Details Reported

[j4j]

(100-61.3-22.8)*(1-.25)= 11.925 Is this why the board has gone quiet?

As usual for ioc, all positive or non-negative aspects of any event are ignored.  Ioc avoids paying out $900 million plus to PAC LNG.  At one time dilution from that was a massive concern.  Gaffney cline comes in at 7 Tcf for E/A.  In the end the independent appraisers (and gf was considered tough) determine how much ioc gets paid for selling its e/a stake to total.