OSH/PacLNG Deal Details Reported

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I will put my guess in here.  I see PNG 22.5 %, OSH 19.3%, TOT 32.5 to 35 %, and IOC 23.2 to 25.% .  That NETS all out instead of mixing gross and net.  IMO, from a T/A standpoint, I would expect max correction here 53-54, but more likely 55-56.  If the lower, imo the price won't stay down there very long.  I base this on a normal 3 to 5 day UP field (daily).  IOC topped at 59.78 on fourth day.   Normal correction would be 2nd day reaction low from high, which would be today's low, or possibly modestly lower tomorrow from today's low.  all for what its worth, but the situation looks more neutral to positive than anything.