05-27-2014, 06:26 AM
Building a pipeline between IOC and XOM is a small effort relative to a new LNG plant.
IOC would not have to wait until E/A gas becomes XOM LNG before they get paid.
Buying IOC NG may be cheap compared to the cost of drilling.
Two bidders for the NG is better than one.
XOM is no longer an E/P company.
IOC would not have to wait until E/A gas becomes XOM LNG before they get paid.
Buying IOC NG may be cheap compared to the cost of drilling.
Two bidders for the NG is better than one.
XOM is no longer an E/P company.