04-11-2015, 04:56 AM
'davidhmtk' pid='56835' datel Wrote:[quote='Palm' pid='56832' dateline='1428684362'] The interesting thing with this and any preemption is that the PPL 475 has 21.8% of "other minority interest holders" (most or all PacLNG) who also have preemptive rights. I would guess that after going through arbitration everyone has a much clearer picture of how the process has to work. Think OSH is talking to PacLNG again?
The key to understanding Oil Search's future acquisitions is that they need a majority interest in one of the PPL's so they can pipe gas to Exxon. I see them possibly swapping their Elk/Antelope interest for a controlling stake in Triceratops after they buy PRE's interest and make a good offer to Civelli.
DAVID---VERY INTERSTING!