12-13-2011, 02:39 AM
I don't really see any immediate benefits for Exxon/OilSearch of frustrating InterOil anymore, especially if they're going the Flex/EWC route (which seems very likely), they can easily co-exist if InterOil's project doesn't make strong demands on limited resources (like skilled labor) and infrastructure, so I have a feeling this bad blood is largely behind us, unless ego's get in the way.
Companies should just be able to work with the powers that be (unless that gets really uncomfortable). Unless any SC decision descends PNG in chaos, I didn't really see much to really worry about.
So far, the markets have taken it in stride. No notable effect whatsoever.
Companies should just be able to work with the powers that be (unless that gets really uncomfortable). Unless any SC decision descends PNG in chaos, I didn't really see much to really worry about.
So far, the markets have taken it in stride. No notable effect whatsoever.