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Timing
Getitrt2 Offline
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#28
03-13-2014, 12:24 AM

'Putncalls' pid='39025' datel Wrote:

'Getitrt2' pid='39020' datel Wrote:CAC, I do not know what you mean by "starting over to some degree", but they definitely are not starting over from scratch. PacLNG is out as called for by the agreement, they have a third partner welcomed by both IOC and Total as intended by Total, and I think some fairly straight-forward modifications to the original SPA can establish basically the agreement they intended to move forward with. I'm not sure how much I care what OSH "thinks", and they cannot control the deal between IOC and Total any more than IOC could control the deal between OSH and PacLNG. Furthermore, moving forward in that manner is what both IOC and Total have since stated as their intent. It probably will now take some time beyond March 31 to close, but I doubt it will be anything like a couple of months, and they were not planning to start drilling in Antelope with the rig from OSH until second quarter anyway. Once they do start that, they plan to move ahead aggressively with both the appraisal wells and the Antelope Deep exploration well.

Doesn't PacLNG own a piece of the other PPLs?

Yes, they do, but they are out of PRL 15;  that's what the SPA with Total called for and what I was referring to.

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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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