04-23-2015, 11:19 PM
'Gator' pid='57231' datel Wrote:
InterOil has a 36.5 percent stake in the project, while Oil Search holds about 23 percent.
InterOil has undergone a corporate reorganization and divested downstream assets in PNG to focus on the development of Elk-Antelope project.
Frankly I'm suprised at these levels a national oil/gas company from Japan or China hasn't bought Interoil. China if it bought Interoil, could have it longer term gas at 1/3 of the cost of Austrialian Gas. Pay 1/mcf for interoil, build their own plant ( 4/mcf for processing and shipping.) Seems like a no brianer