'jft310' pid='49091' datel Wrote:
'CAC' pid='49088' datel Wrote:[quote='jft310' pid='49086' dateline='1409669911'] There are Hession reasons for dealing with well results the way he has chosen. We only see part of the picture. Focus on whats known we have enough gas for a 2 train or 3 train LNG plant. Wahoo is cream. Why focus on the cream? Do a discounted cash flow of $250 per share in late 2020 Mike.Interest rates are low. Maybe a discount of 8%. Tell us what that number is Mike.
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Whooa there, JFT. Your representation that it is "known" that "we have enough gas for a 2 or 3 train LNG plant"...is pattently false. Nobody at Interoil has ever said anything like that. Let's stick to real facts instead of misleading puffery.
Sorry CAC heres the facts
Oil Search paid for 7 T's which is sufficient for a 2 train plant
GLG/Knowledge Reservoir and even GCA the low ball state at least 7 T's or enough for a 2 train plant
You call that puffery but Oil Search paid cold hard cash for the T's, Three reservoir engineering firms state at least 7 T's.
Sorry 7 T's gets ya a 2 train plant,
Hint Hession laughed at enough gas. Stated Antelope is not alone on the call. The additional gas is not needed.
Phil M states 15 T's at E/A,Henry Aldorf states 12-16 T's on a utube video at E/A, Schlumberger states at least 10 T's at E/A
Appears the votes are in and the experts think enough for a 2 train plant.
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I agree that many experts think there will end up being enough gas for 2 trains (or more)...but thats' not what you said. There's a reason more wells are being drilled. There's a reason TOT isn't building the 2-train plant as we speak. We are all optimistic and hopeful...but your statement that it is "known" was false.

