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Timing
#20
"If after OSH closes its deal, Exxon makes a bid to buy out IOC and succeeds, Exxon will be in control. Otherwise, I think IOC and Total are mostly in control of this, and they seem to be in sync."

Part of this seems right. XOM could take out IOC after the buyout closes, that would make some sense and it wouldn't conflict with anti monopoly stances in PNG because so long as Total retained 51% of E/A it would be Total in control of PRL 15 and Gulf LNG, not Exxon.

IOC will have no control over anything material after the Total deal closes until it establishes world class resources in Triceratops and locations in their other PPLs. Should that happen IOC will have two locations to go to with its new gas. Putting on the rose colored glasses, the first additional 8 mtpa would likely go to PNG LNG. The third 4-8 would go to the highest bidder.

Ah, there is still room to dream with this stock.
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Messages In This Thread
Timing - by jft310 - 03-12-2014, 01:01 AM
RE: Timing - by jft310 - 03-12-2014, 02:40 AM
RE: Timing - by ArtM72 - 03-12-2014, 03:51 AM
RE: Timing - by CAC - 03-12-2014, 04:23 AM
RE: Timing - by ArtM72 - 03-12-2014, 05:26 AM
RE: Timing - by CAC - 03-12-2014, 05:35 AM
RE: Timing - by Dr. Wu - 03-12-2014, 06:04 AM
RE: Timing - by Brew Swillis - 03-12-2014, 04:39 AM
RE: Timing - by Getitrt2 - 03-12-2014, 05:10 AM
RE: Timing - by Brew Swillis - 03-12-2014, 06:05 AM
RE: Timing - by Getitrt2 - 03-12-2014, 06:52 AM
RE: Timing - by Spartina - 03-12-2014, 04:45 AM
RE: Timing - by Getitrt2 - 03-12-2014, 05:22 AM
RE: Timing - by jft310 - 03-12-2014, 06:08 AM
RE: Timing - by Getitrt2 - 03-12-2014, 06:22 AM
RE: Timing - by CAC - 03-12-2014, 06:47 AM
RE: Timing - by Getitrt2 - 03-12-2014, 07:29 AM
RE: Timing - by CAC - 03-12-2014, 01:05 PM
RE: Timing - by Putncalls - 03-12-2014, 07:40 AM
RE: Timing - by Getitrt2 - 03-13-2014, 12:24 AM
RE: Timing - by Putncalls - 03-12-2014, 07:45 AM
RE: Timing - by Getitrt2 - 03-13-2014, 12:52 AM
RE: Timing - by ArtM72 - 03-12-2014, 07:54 AM
RE: Timing - by ebster123 - 03-12-2014, 01:15 PM
RE: Timing - by jdeo1969 - 03-12-2014, 01:38 PM
RE: Timing - by mikesioc - 03-12-2014, 03:02 PM
RE: Timing - by ebster123 - 03-12-2014, 10:55 PM
RE: Timing - by ArtM72 - 03-12-2014, 11:17 PM
RE: Timing - by ebster123 - 03-12-2014, 11:30 PM
RE: Timing - by mikesioc - 03-13-2014, 01:10 AM
RE: Timing - by Getitrt2 - 03-13-2014, 02:42 AM
RE: Timing - by ltinvest - 03-13-2014, 01:35 AM
RE: Timing - by ebster123 - 03-13-2014, 01:58 AM
RE: Timing - by ArtM72 - 03-13-2014, 02:32 AM
RE: Timing - by mikesioc - 03-13-2014, 03:10 AM
RE: Timing - by Getitrt2 - 03-13-2014, 08:04 AM
RE: Timing - by jft310 - 03-13-2014, 03:56 AM
RE: Timing - by ltinvest - 03-13-2014, 08:15 AM
RE: Timing - by mikesioc - 03-13-2014, 08:24 AM
RE: Timing - by Getitrt2 - 03-13-2014, 09:02 AM
RE: Timing - by jft310 - 03-13-2014, 10:57 AM
RE: Timing - by mikesioc - 03-14-2014, 02:45 AM
RE: Timing - by Libtardius Maximus - 03-14-2014, 02:58 AM
RE: Timing - by Getitrt2 - 03-14-2014, 08:26 AM

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